A trio of experienced funding experts have joined the corporate solutions team of BTG Advisory, a division of Begbies Traynor Group.
David Smithies, Stephen Couldwell and Andy Chaffer will work with banks and professionals to help businesses across the North to access unsecured lending, in partnership with European credit specialist Caple.
Mr Smithies and Mr Couldwell, both of whom have extensive relationship and bank lending experience, will be based in the BTG Advisory office in Leeds.
Mr Chaffer, meanwhile, will be based at the firm’s Hull office.
The trio will be working with banks, businesses and other intermediaries to facilitate access to long term, fully unsecured loans of £0.5 million – £5 million and terms of five to eight years.
Access to the loans is enabled by BTG Advisory’s membership of Caple’s Partner Network. The team will undertake due diligence, source and run deals, and complete credit applications on behalf of the business.
“[The trio] will help us work with banks and professional advisers to identify well-established, profitable businesses which have a gap in their finances and could benefit from the unsecured loans enabled by Caple,” said Karl Hodson, director of the corporate solutions within BTG Advisory.