Allica Bank has appointed Emma Lindsay as business development manager (BDM) for asset finance in Scotland and the surrounding regions.

With over a decade of experience in asset finance, Lindsay, who is based in East Ayrshire, will lead the development of new and current broker relationships in the region.

The appointment comes at a time of growth for Allica’s asset finance proposition, having first launched in early 2021. Its broker-facing team has expanded from six to 11 business development staff over the past 12 months and in September it reported that it was now receiving £70 million of applications a month.

The bank has also been expanding its offering, including earlier this year rolling out support for both soft and medium assets.

“We are excited to welcome Emma to the Allica team as we grow our presence in Scotland,” said Brandon Hall, head of asset finance sales at Allica Bank.

“Her in-depth understanding of business needs in Scotland, as well as her experience working as both a broker and lender, will make her an invaluable partner to the Scottish broker community. I’m over the moon that she’s brought that expertise to us.”

Lindsay added: “From my own experience being a broker, I know how valuable Allica’s commitment to maintaining human relationships really is. Some of the things Allica’s technology enables us to do is astonishing for the broker experience. But that’ll never replace a broker being able to speak directly to their dedicated business development manager at the bank to talk through a complex deal. I’m incredibly excited to be here.”