Sunday, July 5, 2020

Broker firm launches national healthcare finance division

Financial services broker, Midlands Asset Finance (MAF), has appointed four directors for the creation of its new national healthcare finance division.

Heading the division up will be the newly appointed Director & Head of Healthcare Finance, Mike Gascoigne, who previously spent ten years as a leading member of the corporate healthcare team at Santander, and his team will consist of Wesley Hodelin, Mindy Kaur-Smith and Shital Koria.

Shital joined MAF in November 2018 after spending ten years at Royal Bank of Scotland and Lombard, whilst Wesley and Mindy join MAF from Santander, after also previously building successful careers as relationship directors.

The appointments are the latest in a period of huge growth for MAF that has seen the company increase its headcount for the fourth time this year to 41 – up from 21 this time last year.

Speaking on the creation of the new division, MAF Director & Head of Business Development, Dave Chapman, said: “I am delighted to welcome Mike and the team to launch our healthcare division, as we continue with our expansion to help more clients achieve their growth ambitions.

“We will be looking to support our clients with all aspects of funding in the care sector with core lending to build new care homes and refinance existing ones, together with supporting the whitecoat sectors and their asset finance requirements, too.”

Mike added: “I am delighted to have joined the team at MAF and look forward to taking the new healthcare team forward.

“Having spent the last 15 years in the sector working for corporate banks, we have built a strong network of contacts and market knowledge that will enable us to offer sound advice and find the best finance packages from a wide panel of funders that we have access to.”

The Healthcare division will cover the entirety of the UK and is the latest in a number of changes for MAF that has also seen them launch similar national teams for their national property and vendor finance divisions.

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