Shawbrook Bank’s boss has thanked brokers for helping the challenger bank lend more than £1bn in just under three years.
The lender has advanced nearly £369m to individuals since it was formed in January 2011 from three different financial businesses. A further £766m has been lent to small and medium-sized enterprises.
Chief executive Ian Henderson said the bank’s success was in no small part due to its network of specialist brokers: “The relationship that we have with our brokers is incredibly important to us – their expertise and determination is invaluable.
He said the bank took brokers’ feedback on products and processes seriously: “It’s a model which we’re committed to, and we look forward to completing many more deals with our broker partners in the future.”
In August, Shawbrook expanded its commercial mortgage broker panel to include four more firms.
