HAMPSHIRE TRUST BANK ANNOUNCES MANAGEMENT LINE-UP FOR KEY BUSINESS AREAS

Hampshire Trust Bank (HTB) has announced the management line-up for its three specialist lending divisions, as they continue rapid growth in the commercial lending sector.

The new generation bank has been established to work closely with SMEs and their advisers, specialising in asset finance, commercial finance and property finance, underpinned by traditional values and delivered by experts.

David Morris is heading up a specialist team offering structuring and asset-based lending in his role as Managing Director of Commercial Finance. Previously Deputy Director at the Bank of New York and GMAC Commercial Finance, David has nearly 35 years’ experience in commercial lending. David’s team will operate in a boutique-style with its four members drawing from over 20 years’ of collective experience in commercial finance.

Robert Grigg, Head of Property Finance, leads a team of experts offering creative and customised financial solutions to house-builders and residential developers in London, the South-East and beyond, typically offering loans of between £3-5m. In addition, the team are able to introduce sites and land to developers – a service unique to HTB.

Managing director of Asset Finance, Chris Welch, has 30 years’ experience in the industry, previously leading both Sun Bank and Heritable Bank’s Asset Finance divisions. Chris will head up an experienced team offering hire purchase and leasing finance, promising a prompt and personalised service for both businesses and individuals.

Since HTB’s journey from being a small Fareham based bank to a national player, the business has already expanded rapidly, outgrowing their offices in Cannon Street and recently moving into new headquarters in central London.

Mark Sismey-Durrant, chief executive of Hampshire Trust Bank, said; “Our highly-focussed lending teams bring together years of expertise and specialist skills, with a proven track record in market-leading levels of customer service. Hampshire Trust Bank has experienced strong levels of interest and the demand for our products continues to surge. We look forward to continuing to support the growth of UK businesses and to help them realise their ambitions.”