Bridging and development finance provider Oblix Capital has appointed Tom Reeve as head of credit.
Reeve’s key responsibilities include managing Oblix Capital’s lending policy, and supporting the director of bisk in debt management, recoveries and compliance.
He will be key in building relationships with key third parties such as brokers, valuers and lawyers.
Reeve joins Oblix Capital from Aldermore Bank where he was senior credit manager and has over 15 years of experience in commercial lending and credit policy.
Rishi Passi, CEO of 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: “”ME 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.”