Tuscan Capital, the recently launched bridging lender, has made three senior appointments.
With immediate effect, Dena Thompson joins as head of credit and risk. Reporting to chief executive Colin Sanders, Thompson is responsible for the underwriting and credit management of loans from origination through to redemption.
Andy Reeder has become client services manager responsible for discussing and structuring new deals and building and maintaining key relationships with introducers, valuers, solicitors and real estate investors.
Henry Bowcock has become new business analyst providing essential operational, analytical and logistical support to Tuscan Capital’s sales, credit & risk and PR and marketing functions.
Sanders said: “Following our launch last month, the response from intermediaries and potential customers has been immensely encouraging. Deal-flow is strong, and we’re working hard to fulfill the expectations rightly demanded of a new lender seeking a place in a highly competitive market.
“Having the right team in place is critical to our future success which is why I’m delighted to welcome Dena, Andy and Henry to Tuscan Capital.
“They represent an ideal blend of experience and freshness. As a lender that prides itself on combining traditional values with new thinking, I couldn’t ask for a better intake at this time.”
Thompson has more than 18 years’ lending experience across a range of funding institutions, concentrating her expertise in the bridging sector over the last 11 years.
She joins from Urban Exposure where she was director of credit. Prior to this, she held senior underwriting and credit positions at Alternative Bridging Corporation and Fortwell Capital.
Reeder was previously part of the client services team at Fortwell Capital and, before that, Omni Capital Partners.
Bowcock joins from development lender Imperial Blue Finance where he held a business internship.
Tuscan Capital confirmed that further appointments will be announced shortly.