Octane Capital has appointed Masthaven Bank’s Gemma Salousti as senior credit manager in its risk team.
Salousti, who has worked within specialist lending for seven years, was previously an underwriting manager at Masthaven Bank.
She will report to Matt Smith, Octane Capital’s director of risk.
Octane Capital launched officially in early May but does not offer a product sheet with set rates determined by LTV. Instead, each loan is structured on a bespoke basis and priced according to risk. The company will focus on complex and larger loans that brokers struggle to place.
Salousti said: “The risk-based, product-less approach Octane Capital has introduced is reinventing the specialist lending sector. 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.”
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