UTB hires asset finance underwriter

United Trust Bank (UTB) has appointed Essie Quinnell (pictured above) as an underwriter for its asset finance credit team.

Essie joins UTB from Wesleyan Bank, where she worked in asset finance sales and credit roles.

Prior to this, she spent four years at Metro Bank.

Essie is the second underwriter to have joined the UTB’s asset finance team within a month, as the bank hired Rob Irving as a senior underwriter based in the North-West earlier in March.

This follows a record year for UTB’s asset finance division, which saw its loan book exceed £200m for the first time in 2021.

Nathan Mollett, head of asset finance at UTB, said: “Delivering exceptional service and encouraging direct access to underwriters requires a significant and skilled credit team, all dedicated to helping brokers secure and complete deals. 

“Essie has the drive, attitude and recent experience we’re looking for and she’s slotted into the team perfectly.

“We’re only a few months into 2022 and have already seen good growth across flow transactions, high-value car finance, and mid-ticket lending. 

“We have exciting plans to launch new products and implement people-powered technology which will enhance our processes and further improve our capability to deliver a quick and personal broker service from application to pay-out.

“Our investment in great people and technology will allow us to pull away from our competition this year.”

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