Recognise Bank recruits bridging specialist

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SME lender Recognise Bank has appointed Andrew Keehner as its latest relationship manager, with a specific focus on bridging finance.

Keehner (pictured) joins Recognise Bank from specialist lender Catalyst Property Finance and has over 15 years experience in the sector, including roles with Cynergy Bank and United Trust Bank.

He will be based at the Bank’s HQ in the City.

Keehner said: “Demand for bridging finance continues to grow as investors look for more flexibility, but I think some of the lenders and product offerings in the marketplace are lagging behind what customers are actually looking for.

“The opportunity with Recognise Bank is to reimagine bridging and short-term finance, in the same way they have with SME lending across the board. My initial focus will be to work with the team to fine tune our offering to ensure we have the right products and proposition to meet borrower needs, particularly in the current economic climate.”

James Meigh, director, business development for Recognise Bank, added: “Andrew is a great addition to our nationwide team of Relationship Managers. Not only does he bring experience of SME lending, which is important to the brokers and borrowers we work with, he also has a specific expertise in bridging, which we believe is an area that is growing rapidly.

“We have already demonstrated our innovative and flexible approach, working with customers to offer attractive term facilities linked to bridging loans where borrowers have developed a hold strategy for their properties. Now we want to see what else we can do to make our bridging proposition even better.”

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