Octane Capital hires internal BDM
Adam Ware has left Commercial Acceptances to join bridging lender Octane Capital as internal business development manager.
He was at lender Commercial Acceptances, part of the Close Brothers Group for the past five years and worked as assistant lending manager focusing on the loan origination and underwriting process.
Adam Ware, internal business development manager, Octane Capital, said: “From the moment Octane launched I was fascinated by their unique approach to lending, where deals are priced and underwritten on merit rather than according to a set-in-stone credit policy.
“I was also attracted by the move from an established firm to a start-up where I have the chance to make a personal impact on the company’s success. The relaxed dress code and culture at our Camden office are also a breath of fresh air.”
Mark Posniak, managing director, Octane Capital, added: “Adam brings across a vast amount of experience and has already started to make a significant impact on our operational efficiency.
“With a background in loan origination and underwriting, he has all bases covered and his enthusiasm for the product-less lending we offer is exactly what we like to see. The third generation of lending is gaining momentum by the day.”