Shawbrook bolsters Corporate Lending Team
Specialist bank, Shawbrook, has announced that it has expanded its Corporate Lending team with the appointment of Matt Fannon, who joins as Director, extending its presence in Leeds, across Yorkshire, and the North East.
Matt has over 20 years of experience in banking and has spent the last 10 years at Allied Irish Bank, specialising in Acquisition Finance, Leveraged Finance and Cash Flow Finance. Matt's new role will see him focus on delivering the full Corporate Lending proposition, including asset-backed and leveraged finance solutions, to help solve the complex funding needs of businesses across the region.
Matt said: “Having established a great reputation in the Corporate Lending arena, Shawbrook has a big part to play in providing flexible funding packages and debt structures in what is a very buoyant market. These factors - along with the bank’s flexibility and appetite to lend - were key drivers that attracted me to Shawbrook.”
Mark Parsons, Managing Director for Corporate Lending (Midlands, North & Scotland) at Shawbrook, said: “Matt joins the Corporate Lending team here at Shawbrook at an exciting time.
“During the first half of the year alone, the Corporate Lending team completed 30 transactions, providing £125m of new facilities to high-quality UK businesses in a range of sectors including precision manufacturing, professional services, technology, wealth management, training and education. Across Yorkshire and the North East, we’re working with great businesses like Hawthorn Timber, Glazerite and Carnaby Caravans.
Mark concludes: “The advisor community in Leeds is particularly dynamic and very active right now, and with Matt’s experience and knowledge of the local market I’m looking forward to supporting many more businesses across the region.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector