New hire strengthens Shawbrook corporate lending team In Yorkshire and the North East
Shawbrook has expanded its corporate lending team with the appointment of Matt Fannon, who has joined the specialist bank as director to extend its presence in Leeds and reach across Yorkshire and the North East.
With more than 20 years’ experience in banking, Matt has spent the last 10 years at Allied Irish Bank (AIB), specialising in acquisition finance, leveraged finance and cashflow Finance. At Shawbrook, Matt will focus on delivering the full corporate lending proposition, including asset backed and leveraged finance solutions, to help solve the complex funding needs of businesses across the region.
Commenting on his new role, Matt said: “Having established a great reputation in the corporate lending arena, Shawbrook has a big part to play in providing flexible funding packages and debt structures in what is a very buoyant market. These factors – along with the bank’s flexibility and appetite to lend – were key drivers that attracted me to Shawbrook.”
Commenting on Matt’s appointment, Mark Parsons, managing director for corporate lending (Midlands, North & Scotland) at Shawbrook, said: “Matt joins the corporate lending team here at Shawbrook at an exciting time.
“During the first half of the year alone the corporate lending team completed 30 transactions, providing £125m of new facilities to high quality UK businesses in a range of sectors including precision manufacturing, professional services, technology, wealth management, training and education. Across Yorkshire and the North East we’re working with great businesses like Hawthorn Timber, Glazerite and Carnaby Caravans.
Mark concludes: “The advisor community in Leeds is particularly dynamic and very active right now, and with Matt’s experience and knowledge of the local market I’m looking forward to supporting many more businesses across the region.”