Andrew Fraser takes northern promotion at Assetz Capital
Assetz Capital has promoted Andrew Fraser to UK director for the North as it looks to drive more lending to SMEs after surpassing the £1 billion mark last year.
Andrew is a banking veteran with twenty years’ experience and will lead a team covering the North East, Scotland and Northern Ireland. Having joined the company in 2015, Andrew has originated more than £100 million of loans in Northern Ireland with over 50% made up of development finance which has created over 700 new homes. He has also originated £35 million through the government-backed CBILS scheme, helping to provide the provision of much-needed finance to SMEs during the Covid-19 pandemic.
The appointment comes as Assetz Capital is looking to rapidly grow its client base of SME and house builders and engage new intermediary partners.
National commercial director Mark Standley said: “Andrew has an approach to relationship building and deal making that I am sure will complement the team as they push on with the market development activity and growth initiatives already in play. 2021 is set to be a significant year for us as we capitalise on our CBILS pipeline and support SMEs across the UK as the economy returns to some form of normality post-Covid.”
Andrew said: “It will be SMEs and housebuilders that drive the whole economy forward in the years to come – and we will be there to support them. I’m relishing the task of leading the team to have an even bigger impact across the North East, Scotland and Northern Ireland.”
