Aldermore launches asset finance training programme

The  in-house course is also available, free of charge, to 50 of asset finance brokers that work with the Bank.

Aldermore’s developed the two day training programme to ensure that all of the Bank’s asset finance staff have a solid grounding in the fundamentals of asset finance; the benefits relative to more traditional forms of finance and how solutions can be structured to benefit clients. In addition, content will focus on the specific requirements underwriters look for in transactions, the basics of credit underwriting and challenges in the regulatory environment.

The programme aims to support the development of the next generation of asset finance professionals, both within the Bank and across the industry.

Commenting on the launch, Carl D’Ammassa, Managing Director of Asset Finance at Aldermore said:

“We are committed to building the best and most competent team in our industry. While we have a number of vastly experienced asset finance specialists at Aldermore, we are keen to ensure every member of the team, regardless of experience or role develops their knowledge base. Investing in this sort of programme is testament to Aldermore’s belief in investing in people and developing talent.

“Aldermore is committed to an introducer based distribution model and that’s why we are opening 50 places to our broker partners to help them develop the next generation of commercial finance brokers. The asset finance industry is heavily intermediated, so it’s vital that we ensure the highest possible levels of understanding, not only amongst our staff but also for those that conduct business within the industry, securing the long term success of the industry.”

The first training event will be held in July and Aldermore will be contacting its broker panel shortly to provide more information on how they can participate in this programme.