Fluent Money, the UK’s second largest distributor, is looking to bolster its proposition and is eyeing up other lending sectors that it can work in.
The move follows the appointment of Mark Kilgallon as finance director, Mark Huggins as managing director of Fluent Loans, and the arrival of Stuart Almond as group compliance director.
Kevin Hindley, chief executive, said: “Fluent Money has now assembled a board of directors to meet the demands and challenges as well as exploit the opportunities that the UK specialist lending market now provides.
“As we look at those opportunities in the wake of the inward investment from Beech Tree Private Equity, a strong and multi-faceted board is essential for us to build on today’s successes and take Fluent Money to the next level.”
Hindley added: “Fluent Money has always been a forward thinking firm. Our business has been on a strong upward curve since inception and we have established ourselves as the major provider in the second charge market.
“With our board now in place, we are in the best position to forge ahead and establish a long term strategy to develop our proposition in the wider specialist lending market.”