Octane Capital, the multi-award winning specialist finance house offering bridging finance and refurbishment finance, has boosted its team with three new hires, to help increase market share and improve service levels.
Mike Allen has been appointed as internal business development executive, to assist BDMs with new enquiries and also assist in structuring deals for credit review. He was previously a short-term lending case manager for Brightstar Financial.
Both Joshua Carmody and Tuathla Underwood are joining Octane Capital as credit analysts, to support the credit team.
Mike Allen commented: “Having previously worked for a specialist packager, moving to a specialist lender to use the knowledge I had gained was a natural next step. Octane have a superb reputation within the sector, are forward-thinking and have a fantastic work culture. People tend to move to Octane and then stay, which speaks volumes.”
Joshua Carmody said: “I studied economics at university and have always had an interest in the finance sector. When I graduated and started doing my research, Octane were clearly a fast-growing company in an expanding sector. I had also heard lots of positive things about them through connections, which made the decision to work here even easier.”
Tuathla Underwood added: “Having completed my degree in accounting and finance, I started to job hunt and Octane immediately stood out. They are not just highly innovative but really value their staff and have a fantastic training infrastructure in place. It’s great to know that you’re learning from the best.”
Mark Posniak, managing director of Octane Capital, concluded: “Our philosophy has always been to offer the highest service standards in the industry and the addition of Tuathla, Mike and Josh is another step in that direction. All three have exactly what it takes to be a success at Octane and we look forward to seeing them fulfil their potential in the months and years ahead.”
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Octane recently announced another record quarter for completions; during Q2 of 2021, the lender achieved over £100m of deals.