Specialist second charge mortgage lender Equifinance has appointed Simon Stern as a strategic consultant to develop the company’s distribution, new products and broker offerings.
Stern, former founder and director of Prestige Finance, is a well-known figure in the second charge arena and brings not only a wealth of knowledge but also an expert understanding of the sector which will help Equifinance deliver new brand propositions to introducers.
Tony Marshall, managing director at Equifinance, said: “As we grow the business it’s vital that we draw on the resources of such an experienced professional as Simon. He has an excellent rapport with the team and the benefit of his input is already seeing positive change. It’s an ideal partnership and I’m confident we will be a better lender with his expert insights into the industry.”
Stern added: “It’s a pleasure to be working with such a dedicated and dynamic team who have set the company on the path to structured lending growth. I very much look forward to strategically positioning the business with introducers and broker partners to ensure the new products and distribution channels are clearly aligned and sustainable service levels are achievable as lending volumes increase. I’m looking forward to being part of the Equifinance success story.”