Assetz Capital strengthens growing bridging team
Specialist lender Assetz Capital has appointed a new senior relationship manager to its bridging team as it continues to grow market share in short term finance.
Mehwish Mirza joins from Glenhawk, where she spent nearly two years operating as a business development manager following spells with Together and Gatehouse Bank. Mehwish began her career with a seven-year tenure at Al Rayan Bank, becoming the first woman to be promoted as a business development manager in the bank’s history.
The appointment follows a period of significant momentum in the bridging market for Assetz Capital. In July, it added Laleta Buctkuar and Colin Mottram to its bridging team to accelerate the growth of its short-term loan book. Following 12 years at Together, Laleta brought a wealth of experience in the intermediary market, while Colin was promoted internally from senior relationship manager after two years at Assetz Capital and previous spells at Lloyds Banking Group and the Royal Bank of Scotland.
In July, Assetz Capital was accredited as a lender under the government-backed Recovery Loan Scheme (RLS) following its successful distribution of over £350m through the Coronavirus Business Interruption Loan Scheme (CBILS). The specialist lender has lent nearly £1.5bn of retail and institutional funds to UK businesses to date.
Mehwish said: ‘It’s a great time to be joining Assetz Capital as we grow our bridging offering. I have been impressed by the team’s ambition, and I look forward to delivering our real-world bridging solutions to clients.”
Mark Standley, national commercial director at Assetz Capital said: “As a well established market-leader and go-to lender for property development and commercial mortgages, we are focused on building the same high standards of reputation and delivery in the short-term finance world. The core ingredient will always be having the very best people, so I am delighted to welcome Mehwish to Assetz Capital. Mehwish has extensive experience in the bridging and business development space, and she has already progressed a number of quality opportunities for us.”