Gemma Salousti joins the productless lender as senior credit manager and will report to Matt Smith, Octane’s director of risk.
After spending over six years with Masthaven, Gemma has moved to Octane to help the lender keep up with the strong demand it has seen from brokers since launching in May.
“The risk-based, productless approach Octane Capital has introduced is reinventing the specialist lending sector, and I’m looking forward to working closely with Matt and the team,” said Gemma.
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“I can’t wait to be involved with complex loans that require you to think outside the box rather than simply tick boxes.
“Vanilla lending this is not.”
Octane does not offer a product sheet with set rates determined by LTV, but instead each loan is structured on a bespoke basis and priced according to risk, focusing on larger loans that brokers struggle to place.
"At Octane Capital, we pride ourselves on our experience and Gemma has plenty of that,” added Matt.
“Along with an instinctive understanding of risk, she is also very commercially minded and that ability to look at the bigger picture and act as a partner is integral to how we work.”
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