Norton Folgate rebrands to Amicus Asset Finance as group focuses on the north

Guilfoyle joins the team at Amicus Asset Finance with a remit to drive structural transformation and innovation, including technical support, credit, payouts, collections, asset management and legal.

Amicus Asset Finance intends to focus its energy and resources on the development of its own lending proposition, facilitating deals from brokers and directly from business borrowers.

The business is led by Robert Keep (pictured) who, along with Guilfoyle, is supported by Jon Phillips, head of credit, Brendan Strong, head of lending operations and the team of sales and administration staff and partners.

Keep, managing director of Amicus Asset Finance, said: “I’m hugely confident in the experience Jeremy brings to the team and look forward to working closely with him as we build on our success to date.”

He added: “The recent launch of a new office in Manchester by Amicus Group will also benefit Amicus Asset Finance as it expands its geographic reach and seeks to target opportunities in both the north and south of the country. The new Manchester office provides a hub for the Amicus SME lending, working capital solutions and short term property offering through its three divisions, Amicus Asset Finance, Amicus Commercial Finance and Amicus Property Finance.”

Since 2009, Amicus Property Finance has lent more than £1bn. The current property loan portfolio is made up of 85% residential properties and 15% commercial properties. Loans on average are repaid in 9 months and the firm typically lends between £50,000 and £7m.

Guilfoyle said: “Joining Amicus Asset Finance in this key growth period is a really exciting opportunity for me. I am looking forward to leveraging my experience from a long established business and applying it in a business with Amicus’s modern and forward thinking approach.”