Hampshire Trust Bank announces management line-up for key business areas
Hampshire Trust Bank has announced the management line-up for its three specialist lending divisions, as they continue to grow in the commercial lending sector.
The bank has been established to work closely with SMEs and their advisers, specialising in asset finance, commercial finance and property finance, underpinned by traditional values and delivered by experts.
David Morris is heading up a specialist team offering structuring and asset-based lending in his role as Managing Director of Commercial Finance. Previously Deputy Director at the Bank of New York and GMAC Commercial Finance, David has nearly 35 years’ experience in commercial lending. David’s team will operate in a boutique-style with its four members drawing from over 20 years’ of collective experience in commercial finance.
Robert Grigg, Head of Property Finance, leads a team of experts offering creative and customised financial solutions to house-builders and residential developers in London, the South-East and beyond, typically offering loans of between £3-5m. In addition, the team are able to introduce sites and land to developers – a service unique to HTB.
Managing director of Asset Finance, Chris Welch, has 30 years’ experience in the industry, previously leading both Sun Bank and Heritable Bank’s Asset Finance divisions. Chris will head up an experienced team offering hire purchase and leasing finance, promising a prompt and personalised service for both businesses and individuals.
Mark Sismey-Durrant, chief executive of Hampshire Trust Bank, commented:
“Our highly-focussed lending teams bring together years of expertise and specialist skills, with a proven track record in market-leading levels of customer service. Hampshire Trust Bank has experienced strong levels of interest and the demand for our products continues to surge. We look forward to continuing to support the growth of UK businesses and to help them realise their ambitions.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn