Mike Jones joins Reim Capital

Reim Capital has appointed Mike Jones (pictured above) to lead its origination.

He joins the bridging lender from PropFin where he was chief sales officer.

Before that, he was director of sales for London and the South East at Alternative Bridging Corporation and a BDM at both De Lage Landen and Cheval Property Finance. 

Mike — who comes in as a member of senior management — aims to help build Reim Capital’s origination levels to accelerate its growth plans.

“The main reason for joining Reim is down to the flexibility of its funding,” he shared with B&C.

“While many lenders are trying to outdo each other on rate and fees, we are competing on service and speed,” he said.

“You know exactly what you get with us.”

In May, the business — which currently has a team of five — revealed it had surpassed £50m of total lending since its launch in January 2020, after announcing it was increasing its appetite for larger ticket sizes this year, with maximum loans of £10m for bridging and £15m for development.

The finance provider plans to double its loan book to £100m in 2021, which it expects to surpass by growing its broker distribution and expanding the team.

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