Major strategic changes at Loan.co.uk

Loan.co.uk has announced a series of changes and appointments as it ramps up capability to deliver on its ambitious growth strategy.

The client and broker focused, fintech said it has big plans for 2022 and beyond, driven by key partnership growth over the next 12 months. By providing a unique, tech supported, high value solution for strategic partners it believes it has the edge over other companies. 

Key to this is the newly created partnership team and two new board appointments.

Paul McGerrigan (pictured), Loan.co.uk’s CEO, said: “This is an exceptionally exciting and pivotal time for us. We had a solid performance in the first half of 2021, before enjoying very strong growth in H2, helped significantly by the appointment of our new sales operations director Dean Burley who joined us after 15 years in senior roles at Ageas.

“The time is right to bring our proposition to more partners and their clients. It’s vital we put the right pieces in place now to continue to grow, and by adding someone with the experience and gravitas Dean has to the board we have taken a big step forward in doing so.”

McGerrigan revealed that former group head of partnerships at Moneysupermarket.com, Sasha Evans is taking the helm of the company’s partnerships team and a seat on the board.

He added: “Sasha is a highly experienced commercial leader and has a tremendous track record in strategic business development. Having someone of Sasha’s calibre and reach will focus us on growth and she is excited to immerse herself in the mortgage market as part of her role.”

Laura Patterson also joins the team as senior partnerships manager.

McGerrigan said: “Laura has a depth and breadth of experience in the mortgage and insurance fields, having held management roles at Mojo Mortgages, Leek United Building Society and Ageas. She understands how distribution in the specialist mortgage market works and has a pivotal role to play in our growth.”

Loan.co.uk uses its own highly advanced AI (Artificial Intelligence) platform which facilitates its growing team of advisers to deliver the best deals to customers in a more efficient manner. The company is on a mission to drive costs down and increase clarity and transparency during the application process on all consumer borrowing products.

The company also recently launched its ‘Fair Fees’ campaign (in the second charge product area) in a bid to reduce borrowing costs across the broker industry for customers and increase competition, so the public can get better deals without strings attached.

ADVERTISEMENT