Gemma joins from Masthaven Bank, where she was an Underwriting Manager, and will report in to Matt Smith, Octane Capital’s Director of Risk.
Octane Capital launched in early May and does not offer a product sheet with set rates determined by LTV, instead structuring each loan on a bespoke basis and priced according to risk.
Gemma Salousti commented: “The risk-based, product-less approach Octane Capital have introduced is reinventing the specialist lending sector, and I’m looking forward to working closely with Matt and the team. I can’t wait to be involved with complex loans that require you to think outside the box rather than simply tick boxes. Vanilla lending this is not.”
Matt Smith added: "At Octane Capital, we pride ourselves on our experience and Gemma has plenty of that. Along with an instinctive understanding of risk, she is also very commercially-minded and that ability to look at the bigger picture and act as a partner is integral to how we work.”