Tuscan Capital, the recently launched bridging lender, revealed details today of three new broker-facing appointments in its business.
With immediate effect, Dena Thompson is appointed head of credit & risk. Reporting to CEO Colin Sanders, Thompson is responsible for the underwriting and credit management of loans from origination through to redemption.
Thompson joins Tuscan Capital from Urban Exposure where she was director of credit. Prior to this, she held senior underwriting and credit positions at Alternative Bridging Corporation and Fortwell Capital.
Andy Reeder is appointed to the position of client services manager responsible for discussing and structuring new deals and building and maintaining key relationships with introducers, valuers, solicitors and real estate investors.
Reeder was previously part of the client services team at Fortwell Capital and, before that, Omni Capital Partners.
Completing the current round of appointments, Henry Bowcock assumes the role of new business analyst providing essential operational, analytical and logistical support to Tuscan Capital’s sales, credit & risk and PR & marketing functions, joining Tuscan Capital direct from development lender Imperial Blue Finance where he held a business internship.
Tuscan Capital confirmed that further appointments will be announced shortly.
“Following our launch last month, the response from intermediaries and potential customers has been immensely encouraging. Deal-flow is strong, and we’re working hard to fulfill the expectations rightly demanded of a new lender seeking a place in a highly competitive market.
“Having the right team in place is critical to our future success which is why I’m delighted to welcome Dena, Andy and Henry to Tuscan Capital.
“They represent an ideal blend of experience and freshness. As a lender that prides itself on combining traditional values with new thinking, I couldn’t ask for a better intake at this time.”