Spotcap expands partnership and underwriting teams

Ian Mills joins from Boost Capital and has over 20 years of experience working in commercial finance, including 18 years at NatWest. At Spotcap, Ian will be responsible for developing and maintaining long-term relationships with Spotcap’s partner network and supporting relevant loan applications from start to finish.

Duncan Ballingall has previously worked in Funding Circle’s loan operations team. At Spotcap, he will analyse and verify financial and non-financial information to determine the creditworthiness of a business applying for an unsecured loan.

Kevin Vendel, head of sales at Spotcap, said: “Ian and Duncan are a great addition to the Spotcap team. Their experience will allow us to continue to provide the best possible service to our partners and clients.

“Our recent Commercial Finance Industry Pulse showed that 77% of intermediaries are confident about future lending activity and business growth in the UK. We will continue to work hard – together with our partners – to provide unsecured loans to UK businesses within one working day.”