Signature Private Finance confirms new chief executive

Gilbertson (pictured) has been in post on an interim basis for the last six months, during which time short-term property lending has surged. Signature attributes its most successful six-month period to this rise.

The lender is majority-owned by funds managed by private equity firm Cabot Square Capital. It offers residential and commercial bridging, light and heavy refurbishment, revolving trading facility and auction finance.

Tarun Sharma, partner at Cabot Square Capital, said: “Tony is a very capable and experienced financier. He not only demonstrates a strong understanding of every aspect of short-term property finance, but has practical experience of property development. Signature’s loan book has trebled in the first half of 2016. We expect great things in the years ahead and are confident Tony and his team will deliver the growth needed.”

Gilbertson said the business will continue to analyse every deal carefully and deliver quick decisions to clients.

“This is a time-sensitive business. There are no special tricks to growing a business like Signature; it’s just a matter of delivering a range of products tailored to the needs of our clients and making pragmatic decisions quickly. It is clear, brokers and clients like what we do and the way we do it,” he said.