"Both immediately bought into Octane’s risk-based pricing model and the bespoke, complex loans that we have set out to offer."
New specialist lender, Octane Capital, has announced that Graham Macaulay and Liam Lawlor will be joining the team from Octopus Property to deal with demand for lending which is "sharply above target".
Macaulay will be joining Octane as Senior Credit Manager and Lawlor as Senior Business Development Manager.
Octane Capital - launched by Dragonfly founder Jonathan Samuels - launched in May and prices according to risk with no LTV bands or product sheet.
Mark Posniak, Managing Director at Octane Capital, commented: "In their respective fields, Graham and Liam have two of the sharpest minds in the industry, and sharp minds need to be challenged. Both immediately bought into Octane’s risk-based pricing model and the bespoke, complex loans that we have set out to offer.
"Our goal is to create a lender where the most experienced people in specialist finance can test themselves each day, do so in a flat and fun environment, and work alongside brokers as partners.”