Peer-to-peer finance platform Assetz Capital has announced the appointment of Ian Craig as a regional relationship director in Scotland.
The firm, which was founded in 2013 and is now the fifth largest P2P platform in Europe, said Mr Craig brings with him a wealth of experience from his work with Bank of Scotland’s Scottish SME Banking team as a relationship director, and will now be responsible for helping local Scottish businesses acquire finance through the peer-to-peer platform.
Having managed business client relationships across all sectors at BoS, his new role at Assetz Capital will see him work alongside the rest of the firm’s Edinburgh-based team of regional relationship directors to help customers deliver their strategic goals through the £500 million it has available to lend to credit-worthy SMEs.
Mr Craig said: “Joining Assetz Capital, a dynamic and leading business in the P2P industry, is a really exciting step for me. 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.”
The appointment comes as Assetz Capital continues its growth in Scotland. With an list of six high profile industry hires and working towards a target of £50m in lending (subject to two upcoming completions), Assetz Capital is well on its way to becoming the second largest alternative finance lender in Scotland.
Stuart Law, CEO of Assetz Capital said: “With over 50 per cent of our green energy loans portfolio generated in Scotland, the region holds special value to us as a business, our milestones and our core values of sustainability. We’re thrilled to have Ian as part of the team – his wealth of experience and local knowledge makes him the perfect hire to continue our exponential growth in Scotland.”