TUSCAN CAPITAL APPOINT NEW SALES DIRECTOR AS PART OF REVAMPED SALES STRUCTURE

11 September 2023

London, 11 September 2023.

Tuscan Capital, the short-term property finance specialist, has today (11th September 2023) announced the appointment of a new Sales Director, Jaxon Stevens, as part of a new look sales structure designed to deliver greater broker support and a broader distribution.

Reporting to Tuscan’s CEO, Colin Sanders, Jaxon joins the business with immediate effect and will lead the sales team covering the whole country, including its regional offices in Manchester and Birmingham - led by Carl Graham and Amjad Ibn Abdul respectively - as well as London and the Home Counties regions covered by Stephen Palfreeman and Jim Nash.

Jaxon has over 25 years’ experience working in financial services covering a variety of consultancy and management roles. He has worked for finance providers including GE Money and NatWest and has a proven track record in building and maintaining high-level business to business relationships.

Tuscan said the creation of its new sales structure has been done in order to broaden its distribution and provide further support and resource to its brokers and intermediary partners to place deals in an increasingly complex marketplace.

Together with its FastTrack process, high leverage purchase and its commercial propositions, Tuscan said the new structure meant it remained well-placed to grow its loan book in the months ahead.

The lender said it will continue to grow its field-based presence via its regional offices, and its own client services team, based in its London Victoria headquarters.

Tuscan Capital provides non-regulated bridging finance to the residential, commercial, semi-commercial, HMO and mixed-use real estate sectors in England and Wales.

Colin Sanders, CEO at Tuscan Capital, said:

“We have been working on our revamped sales structure for some time and therefore it is very pleasing to be able to launch and announce the appointment of Jaxon as our new Sales Director.

“Jaxon is an individual who is well-known and highly respected in our marketplace with a vast network of property finance professionals and a track record of managing high-performing national sales teams for over a decade. He also has a strong, in-depth understanding of various financial solutions, especially in the short-term lending space having dealt with bridging, development, and refurbishment on both residential and commercial assets in recent years.

“We believe with our proposition and the experience we have put in place to support it, together with our reliable liquidity, it’s the right time to broaden our distribution through Jaxon’s connections and leadership.”

Jaxon Stevens, Sales Director at Tuscan Capital, commented:

“I’ve looked at Tuscan’s journey so far and where it is with its funding, proposition and the capable team that has been assembled and have jumped at the chance to join them and to lead the charge. I can’t wait to get to work and am looking forward to taking the Tuscan proposition out to as wide a range of market relationships as possible.”