Allica Bank has appointed three business development managers (BDMs).

It has also decided to further increase its commercial mortgage maximum loan size from £3 million to £5 million following feedback and requests from brokers.

In addition, Allica’s maximum asset finance loan has been increased from £250,000 to £500,000.

Having been in the banking and finance sector for 14 years, Arshad Miah joins Allica to manage its asset finance broker relationships in the Midlands and East Anglia regions.

Ben Green has worked with SMEs for the last seven years, both in banking roles and as a broker. He will be focused on supporting commercial mortgage brokers and their clients in the West Midlands.

Allica’s new central business development manager, Sam Roberts, will be focused on building an active and engaged panel of brokers in the asset finance market. He has five years’ financial services experience specialising in haulage, logistics and construction.

Nick Baker, managing director – intermediaries at Allica Bank, said: “Arshad, Ben and Sam have the experience and understanding to know what solutions and approaches make brokers’ lives easier. I’m delighted to welcome them to our fast-growing team.

“Our recent quarterly broker survey showed this is what our broker panel wanted. I am pleased that, thanks to the fantastic support of our broker panel in helping us to grow our loan book, we were able to deliver and will hopefully be able to support even more of their clients.”