AltFi.com uses cookies on this website. They help us to know a little bit about how you use our website, which improves the browsing experience and marketing - both for you and for others. They are stored locally on your device. By continuing to use this site you accept this use of cookies. Go to the Privacy and Cookies page for more information. You'll see this message only once.
Not signed in. Log in here.
 

Peer-to-peer business lender continues push into Scotland




By Ryan Weeks on 17th July 2017

Source: https://goo.gl/LKsd1A

Assetz Capital looks to continue growth in Scotland with regional hire.

 

Ian Craig has joined Assetz Capital as a regional relationship director in Scotland. He will contribute to the firm’s effort to attract more Scottish business borrowers to the platform.

 

Craig previously worked in SME banking at Bank of Scotland, where he managed business client relationships across all sectors. He will now work alongside Assetz’ other regional relationship directors in its Edinburgh office.

 

“Together with the other members of the Scotland team, I’ll work to grow Assetz Capital’s already impressive presence in the region, alerting SMEs to the benefits of peer to peer lending and guiding them through the lending process,” he said.

 

Craig is the sixth “high profile” industry hire in Scotland in recent times for Assetz. The business is working towards a target of £50m in lending locally – a feat it claims would make it the second largest alternative finance lender in Scotland. The company has lent a little shy of £300m across the UK as a whole to date, according to AltFi Data

 

Its competitors in Scotland include Funding Circle and Edinburgh-based LendingCrowd, the latter of which is backed by Scottish Enterprise

 

Comments

James

18 Jul 2017 09:40am

A warm welcome to Craig. Delighted to read about Assetz's continuing expansion into Scotland, I'm resident in Scotland, an existing investor with AC and keen to support good quality SME and Development lending opportunities North of the Border. All the best.


Enter your name:

Enter a comment in the box below:

More like this:

UK fintech shrugging off Brexit in 3 charts
17th July 2017
Daniel Lanyon
More government money for Aussie fintech
17th July 2017
David Tuckwell