Octane expands BDM team following mainstream bridging launch

Bridging lender Octane Capital has expanded its BDM team with the appointment of Francesca Woodhouse.

Related topics:  Specialist Lending
Rozi Jones
20th February 2018
Octane Capital
"Now that we have branched out into mainstream bridging, we expect a lot more interest from brokers "

Francesca joins from Avamore Capital, where she was a Senior BDM, and has held previous roles at Clydesdale Bank and HSBC.

Octane Capital launched in May 2017 and prices according to risk rather than LTV.

In January, having focused on non-standard loans for its first nine months, Octane made its product-less lending model available to all short-term loan applications.

Francesca Woodhouse commented: “I network a lot and speak to new people in the industry each day and whenever Octane cropped up in conversation everything said about them was always really positive. Coupled with the fact that they are offering a unique pricing model and are already lending in significant volumes, my interest was piqued and so here we are.

"I’m now focused on working alongside the rest of the sales team to get the Octane brand in front of even more brokers and make the third generation the default setting within specialist lending.”

Mark Posniak, managing director at Octane Capital, added: “Francesca is a fantastic addition to our rapidly growing business development team and I have total confidence in her ability to hit the ground running. She is well-known in the industry, highly respected and, with her background in credit analysis, immediately got her head around the way we price for risk.

"Now that we have branched out into mainstream bridging, we expect a lot more interest from brokers and with her private client experience Francesca is the ideal person to help us accommodate that demand.”

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