Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
Aldermore Appoints Joshua Owens as BDM for Asset-Based Lending Team
Aldermore has appointed Joshua Owens as business development manager within its asset-based lending (ABL) team, covering the South. Owens will work with brokers, advisers, and businesses to support access to funding for working capital, growth, and other strategic requirements.
Owens joins Aldermore from Investec Capital Solutions, where he spent almost five years as regional sales director, assisting businesses in accessing working capital and growth finance. Prior to this, he held several business development roles at Bibby Financial Services for nearly five years, gaining experience in invoice finance, ABL, recruitment finance, construction finance, and trade finance.
Aldermore states that this appointment is part of its ongoing investment in its ABL proposition and its plans to expand its presence in the specialist funding market.
For UK letting agents and inventory clerks, developments in asset-based lending may impact access to flexible funding solutions for business growth and operational needs.
Source: Mortgage Strategy