Short-term bridging and development finance provider Oblix Capital has appointed Tom Reeve as
His appointment comes at a time of rapid growth for the development finance provider, bolstering the risk team to meet the needs of an expanding client base.
Reeve’s key responsibilities include managing Oblix Capital’s lending policy, and supporting the director of risk in debt management, recoveries and compliance.
Rishi Passi, CEO, Oblix Capital, said: “Tom joins Oblix Capital at an exciting time for the business and I’m confident that his knowledge and experience will be a huge boon as we take the company to the next level.
“A sound lending policy is the bedrock for a sustainable development finance provider, so his role with be pivotal to our mission to establish a speedy, yet strong and sustainable finance lender for developers across the UK.”
Reeve, added: “SME developers spend a lot of their time securing development loans, which so often turn out to be unfit for purpose.
“Rishi and the team at Oblix Capital are making waves in the industry by offering well-structured loans that provide exactly what the market is crying out for, so it’s a fantastic time to be joining them.”
Reeve joins Oblix Capital from Aldermore Bank where he was senior credit manager.