Jamie Jolly

SoMo names Jamie Jolly as MD

SoMo has appointed Jamie Jolly (pictured above) as managing director.

As managing director, Jamie will build on the company’s recent achievement of lending £132m, using his knowledge and understanding of the market to support brokers and borrowers to navigate the dynamic business environment and unlock opportunities for growth. 

In his new role, Jamie will focus on utilising the team's experience, offering comprehensive advice and insight for clients, as well as continuing to build on broker relationships. 

He will also focus on harnessing growth opportunities in specialist lending and working hand-in-hand with brokers to offer alternative solutions to help people and businesses develop.

Jamie, who has over 20 years of experience in the lending sector, has joined the company from Revverbank, where he was head of real estate.

Prior to this, he was the head of the commercial specialist team at Together.

Having worked across many different areas of the lending sector — from sales and underwriting to working with developers, broker partners, solicitors and valuers — Jamie brings with him extensive experience and understanding of the industry.

This follows the company’s recent rebrand from The BridgeCrowd, and the new £300m funding line secured from Deutsche Bank to complement its crowdfunding offering and allow the company to expand and continue its growth trajectory.

Commenting on his appointment, Jamie said: “SoMo already has a fabulous team with over 150 years of combined experience in specialist lending and has achieved £132m in loans in just eight years.

"It was this bold ambition, combined with a culture and mindset of truly understanding clients, that attracted me to the role.

“With market-leading products and the use of innovative technology that is ahead of the curve, SoMo brings something to the industry that’s been missing.”

He added that he was optimistic about the possibilities of 2021, and that he wanted the company to be known as the “relationship-focused lender which truly reflects the market” it represents. 

“It is crucial that we rally together as an industry, remaining open, transparent and collaborative. 

“At SoMo, we want to advocate for and lead with a culture of unity.

“With this in mind, I’m enjoying meeting more of the brilliant brokers and lenders who are seeking alternative specialist loans and working alongside them to harness new opportunities.”

Louis Alexander, CEO at SoMo, commented: “Jamie’s experience will be invaluable as we look to grow in 2021. 

“His focus on the personal touch aligns with my vision for SoMo and, alongside his breadth of knowledge of the sector makes him a great fit to not only support the businesses evolution but our customers through the important year ahead.

“We pride ourselves on being a safe, sensible and secure lender and I know that with Jamie leading the team we will continue to lend this way.”

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