Saturday, June 19, 2021

Alternative lender puts boots on the ground to support Yorkshire firms

The independent asset manager BOOST&Co has recruited a Leeds-based dealmaker for its north and Scotland team, as it strengthens its support for SMEs across these regions.

Ryan Sorby, the lender’s head of the north and Scotland, has appointed three new principals to join his team. Adam Fearnley, who joins from NatWest, becomes the first BOOST&Co principal based in Leeds – an appointment designed to provide a wider variety of funding options to SMEs across Leeds and Yorkshire.

Oliver Reece, who previously worked for Tosca Debt Capital, and Seth Vaughan, who has moved from Lloyds Bank, also join the team. Based in Manchester, both bring with them a strong track record of completing high-quality deals.

The lender’s arrival in Leeds demonstrates its long-term commitment to investing in the region through building strong relationships with local businesses and advisers.

Ryan Sorby, head of the north and Scotland at BOOST&Co, says: “We’ve enjoyed a lot of success through employing people who are local and visible, and who understand the cultural nuances within our region.

“Having someone on the ground pays huge dividends in terms of the quality of the deals you can be involved with and the insight that you can get.

“There is an abundance of innovative and fast-growing businesses in Leeds and across the whole of Yorkshire. We’re investing more and more in the north as a result, and we believe that expanding our team will help us to provide SMEs across the region with the financial support they deserve.”

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