Following its most successful year to date Ludgate Finance announces the appointment of new Associate David Sides.
Ludgate Finance specialises in raising business loans in the fast-growing peer-to-peer lending market which brings together borrowers and savers directly through a web-based auction system.
Associates are supported by the company to identify businesses who would benefit from peer-to-peer finance and introduce them to expert support.
Being keen to extend its services, to other markets and regions of the UK, Ludgate Finance is actively working to expand its network of associates beyond its Birmingham base.
The appointment of Shrewsbury based David Sides takes the Ludgate Finance team to five associates in addition to the three founding directors.
Director Steve Grice said:
“The business has grown consistently since it was formed in 2007 and over the past twelve months has doubled the value of the finance it has secured for businesses from the peer-to-peer market.”
“Demand for alternative finance continues to grow, as does the size of the funding Ludgate Finance is able to secure for its clients. In total the company has advised on over 300 separate successful funding arrangements raising over £60m for its clients”
“We want to build on this success and develop a team across the country, but crucially we will only work with the right people. That means we will only grow our network of associates as we find finance professionals who meet our exacting standards of professionalism and knowledge.”
“As a long established, successful FCA Authorised independent broker, David has extensive experience in advising property professionals, business owners and individuals on funding solutions. He has an excellent network of business contacts with whom he has established relationships and he will now be able to add peer-to-peer finance expertise to the range of services he can offer”.
Steve Grice: 07966 680532
David Sides: 07581 083089