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Peer2Peer Finance News | July 23, 2017

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Assetz hires Mark Standley to oversee South Wales expansion

Assetz hires Mark Standley to oversee South Wales expansion
Suzie Neuwirth

ASSETZ Capital has hired former Barclays business development director Mark Standley (pictured) to oversee its expansion plans in South Wales.

Standley previously worked as a branch manager at Handelsbanken Cardiff and Bridgend. Prior to that he was at Barclays, where he led a business development team across South Wales.

“With extensive experience in property investment, development, and supporting international and trading organisations of all sizes, he is well placed to add real value alongside a funding relationship with Assetz Capital,” said the peer-to-peer lender on Friday.

As Peer-to-Peer Finance News previously reported, Assetz Capital has been hiring relationship directors and opening new branches across the country to boost its small-business lending.

“At Assetz Capital a key focus for 2017 and beyond revolves around us having a strong regional relationship director network,” said Stuart Law, chief executive of Assetz Capital.

“This allows us to offer truly tailored assistance to any business, no matter where in the UK they operate. Mark’s experience and knowledge of the South Wales region will allow us to grow our presence in the area and will no doubt contribute to 2017 being our most successful year ever.”

Read more: Assetz Capital hires regional relationship director for Northern Ireland expansion 

“With over 20 years’ experience in helping South Wales corporates to achieve their potential, I fully appreciate the difficulties they can face when looking to acquire funding, and I believe that Assetz Capital is the best placed alternative lender to help,” said Standley. 

“I have been delighted with the commerciality that I have found within the business, a true ‘can do’ culture which empowers me to make a real difference for business across South Wales.”

The platform recently hit its fourth anniversary with £240m lent to date and a plan to double that figure over the next 12 months. It is launching two new investment accounts to capitalise on increased demand from both investors and borrowers.