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Hope Capital expands as loan book on target for record high

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  • 12/12/2017
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Hope Capital expands as loan book on target for record high
Bridging lender Hope Capital has recruited a new business development manager (BDM) and case manager and doubled its office space, as part of a long-term expansion plan.

The bridging lender revealed that after doubling its loan book size every year since inception in 2011, it is on target to reach its highest level in the company’s history by the end of the year.

It has also used the opportunity to expand its business and sales force. Rachel Harkins has joined Hope Capital as BDM for Wales and the South West while Gemma Bancroft is now a case manager at the firm.

At the same time, the lender is moving to a new office – double the size of its previous premises.

Hope Capital said the last three months have been its most successful to date and is now in a period of long-term growth and expansion, after growing its company headcount by around a third in 2017.

In her new role, Harkins is tasked with developing new business across Wales and the South West, having worked in the funding proposals market for almost five years.

And Bancroft will liaise with valuers and solicitors, as well as brokers and clients during the application process.

 

Recruitment drive part of exciting year

Jonathan Sealey, chief executive officer of Hope Capital, (pictured) said: “This year has been another exciting year of growth for us, and these two key appointments will be instrumental in the continued development of Hope Capital.

“We are very much a service-focused lender, so when recruiting we always look for individuals who really understand the need for quick turnaround times, as well as having an extensive knowledge of the market and strong, long-standing relationships.

“Our recruitment drive ensures we continue to be the bridging lender of choice, not only for the more specialist bridging cases, but across the board.”

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