Hope Capital the short term lending and bridging finance house, has boosted its team with a new senior development underwriter.
Jon Reed joins with over twenty years of experience in the finance industry. Most recently, he worked as a senior underwriter for Roma Finance.
With Hope Capital, Jon will be responsible for underwriting and completing case volumes and also supporting the team as the business seeks to enter a new lending space.
Jon Reed said: “This is a brilliant opportunity for me to use my previous experience to help contribute to Hope Capital’s continued success,”
“Speed and efficiency are key when it comes to bridging and I’m excited to be part of a company that recognises this, as well as one which places product innovation and service excellence at the forefront of everything they do.”
Gary Bailey, managing director at Hope Capital, added: “We are thrilled to have been able to appoint Jon as a senior development underwriter and are looking forward to seeing his Hope Capital journey unfold.
“This is a really exciting time for Hope Capital and by Jon joining us, we are better positioned to take on increased business volumes.”
Original article featured here…
Hope Capital recently launched a new product for residential development exit finance. This gives the option to switch to a short-term, lower-cost funding option to those borrowers who have a completed residential development which already prepared for sale.