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Mint Bridging promotes its Head of Underwriting

18 December 2018

Altrincham, Cheshire – 18 December 2018: Mint Bridging has created the new role of Head of Lending for Richard Showman. Richard was previously Head of Underwriting, a position which he held since joining Mint in September 2015. He has previously worked in a variety of senior financial services and property related roles in a career which dates back to 1990, and he is also a Chartered Surveyor.

This role provides opportunity to take a more strategic position in the business. This will include additional development work with Mint’s lawyers, valuers and quantity surveyors, as well as provision of additional support for funders. He will continue to play a significant part in day to day decision-making for new lending opportunities, alongside being more involved in overseeing the management of the company’s loan book.

Commenting on the promotion Mint’s Managing Director, Andrew Lazare, said “Richard has been at the centre of our lending management for over 3 years and our recent success could not have occurred without his considerable commitment, care and expertise. I am delighted that we have been able to reward his hard work with this newly created position, and I am confident that he will be at the heart of the success of our business for many years to come.”

Richard added ‘I am incredibly pleased to be able to step up into a new responsibility which has been tailor-made for me. This position gives me exposure to almost every part of the company, particularly delivering growth success in 2019 and the long term.”

The promotion builds on recent significant progress at Mint, which includes seeing its loan book hit a record high, and relocation to newly refurbished 5400 sq ft business premises at the Atlantic Street Business Park in Altrincham.

Please contact Sinead or Andrew at 0844 415 6500.

For further information: www.mintbridging.co.uk and https://twitter.com/Mintbridging

Mint Bridging has been operating since 2011, offering uniquely structured, handcrafted short-term bridging loans (up to £5 million) that borrowers use to fund property purchases, refinance, second charge loans or development projects. As the business is privately funded, third parties do not dictate lending decisions. This results in their brand strategy generating faster loan conversions.

For brokers looking for a fast, flexible and original approach to borrowing, Mint has a team of 30 people with six mandated underwriters. Sinead Moynihan heads up the sales team, while Richard Showman manages the underwriting team. Andrew Lazare and industry magnate Mark Abrahams run the business.