NACFB Chairman joins InterBay

NACFB Chairman joins InterBay




Following InterBay Commercial's return to commercial lending last week, the lender has now announced the appointment of Kevin Jones as its Sales and Marketing Director.

 

Following InterBay Commercial’s return to commercial lending last week, the lender has now announced the appointment of Kevin Jones as its Sales and Marketing Director.


 

 

Kevin is currently Chairman of the NACFB (National Association of Commercial Financial Brokers) and has worked in mortgage broking for 20 years, most recently as the owner and MD of Omega Commercial Solutions. 


 

 

The appointment follows last week’s news - that InterBay had launched the first of a series of competitive new products aimed at the UK small-balance commercial market - and is part of a recruitment strategy that has been welcomed in the financial services industry.


 

 

Colin Bell, CEO of InterBay Commercial, said: “Kevin’s calibre and experience will play a major role in building and growing our business. We want to ensure one of our key priorities is to maintain our excellent reputation with our Key Partners and continue to build relationships.


 

 

“I am confident that Kevin will play a key part in taking this role and InterBay forward in the broker and SME market. He brings with him a great deal of experience of the commercial mortgage market as well as a great deal of respect from the broking community. Kevin is a name and a face that is very widely recognised and I am delighted to have him join us later this year.”


 

 

Kevin Jones, Sales and Marketing Director of InterBay, said: “I am delighted to be joining InterBay at what I feel is a very exciting time for the commercial mortgage market. I firmly believe that InterBay’s re-entry into the market could not have been timed better and I am very pleased to be able to be part of the InterBay team. 


 

 

“We will all be working hard to deliver an exciting range of products as well as delivering a first class service. This will enable us to ensure that we make a real impact both to the broker market and the commercial market as a whole."


 

 

He added: “Having been a broker myself for the past 20 years and currently Chairman of the NACFB I fully understand the frustrations the broker market has had to contend with and overcome during the past five years. Whilst InterBay is not setting out to be ‘all things to all people’ I am convinced we will be able to make a real difference.”


 

 

InterBay products are offered through a panel of Key Partners throughout the UK to those with a good credit history. The products will initially be:

 

 

• £75,000 to £1,000,000;

 

 

• Larger loans by exception to £5 million;

 

 

• Maximum LTV 75 per cent;

 

 

• Margins starting from 4.95 per cent over three month LIBOR.

 

Leave a comment