United Trust Bank (UTB) has appointed two business development managers (BDMs) as it continues to grow its “broker only” asset finance business.
Klara Hanrahan and Kevin Bristow will be responsible for developing new broker relationships in the south of England whilst also maintaining the bank’s existing broker network. Both will report to UTB's head of sales - asset finance, Keith Sangwin.
Hanrahan joins from Paragon Bank where, over the last nine years, she established herself as one of their top performing sales executives, providing asset finance and refinancing funding solutions to SMEs.
Bristow has over 35 years of experience in asset finance on both the funder and broker sides of the industry. He joins from LHE Finance Ltd, a transport focused lease brokerage, where he spent 12 years.
Keith Sangwin, UTB head of sales - asset finance, said: "I'm delighted to welcome Klara and Kevin to the UTB team. UTB’s asset finance business has grown considerably in the last few years and we have ambitious plans to develop our broker network across the UK. We are also continuing to widen the range of assets we'll fund and refinance and increase our business volumes further.”
UTB has significantly developed its asset finance business over the last six years. It has also increased the range of assets on which it will lend to include a wide selection of wheeled and tracked vehicles such as construction and agricultural plant, buses and coaches, performance cars, classic cars, technology and a variety of manufacturing and engineering equipment including CNC machinery.
