Spotcap UK, lender to small and medium sized businesses, has appointed Andrew Caulfield as a senior underwriter.

He joins the lender’s growing team, which now consist of 130 employees globally.

Caulfield brings over six years of experience in risk management with RateSetter in the UK and AIB – Allied Irish Banks, to the role. 

At Spotcap, he will be responsible for assessing the credentials of companies looking for an unsecured business loan using Spotcap’s in-house developed machine learning technology.

Niels Turfboer, managing director at Spotcap, said: “Andrew’s appointment highlights our emphasis on a swift yet high-quality loan process for both our partners and clients.

“His strong background will positively contribute to Spotcap’s reputation with the UK business community  as an efficient lender with an experienced team.”

Caulfield added: “I am delighted to be part of this dynamic and driven team. Everyone here has a very strong work ethic and customer-centric perspective. Together we will continue to support the ever-growing number of businesses looking for financing that fits their needs.”