The specialist short term bridging lender has just revealed that Kenneth, who has been a director of Alpha since 2012, will become its new chairman.

Kenneth provides consultancy services to companies and their banks as he has extensive personal contacts within the banking sector. He has previously held senior roles with the Royal Bank of Scotland, as Senior Corporate Director, Anglo Irish Bank as MD for Scotland and Northern Ireland, and Bank of Ireland as Head of Commercial & Corporate Banking for Scotland.

Commenting on the appointment, Mercedez Binning, Managing Director of Alpha Bridging, said: “Having worked with Kenneth over the past eighteen months and seen how he has helped the business develop, I am delighted to see him take on this key role, as Alpha is planning to expand its operations considerably over the next twelve months.

“...I am sure that Kenneth will have a central role to play in helping us achieve those objectives.””

Kenneth Hillen added: “The market for short term lending continues to grow. Smaller independent providers like Alpha Bridging are well placed to help advisers and their clients with the funding they need, particularly for the increasingly important short term cash injections that SME’s need in order to grow.

“I am looking forward to taking a greater role in helping Alpha Bridging move to the next level.”

Alpha Bridging, which has operated in the UK for the past three years, works via the intermediary market.