Blend Network

Blend Network names new lending director following equity injection

Blend Network has appointed Chris Mason as its new lending director to help the company expand its regional footprint and deploy a significant pool of funding.

Chris — who joins the business from Assetz Capital, where he was a relationship director — has over 40 years of experience in banking and finance across both high-street and specialist finance providers. 

Previously, Chris was a corporate account manager with Handelsbanken, where he worked on deals of up to £100m, including commercial mortgages, commercial and residential development loans, syndicated facilities and trade finance. 

He also held roles within the property development lending teams at Bank of Scotland and Barclays.

“I am very pleased to be joining Blend Network at such an exciting time,” said Chris, who will be based in Cambridgeshire.

“Its business model, strategy, flexible and safe source of capital, and risk appetite offer experienced property developers flexible, secured funding. 

“I believe the company has a great future and I look forward to playing a strong role in its expansion and success.”

Last week, the development finance provider secured a £10m equity injection in its latest investment round led by several family offices and investors. 

Yann Murciano, CEO at Blend Network, added: “We are delighted to welcome such an experienced property finance professional as Chris to our growing senior lending team. 

“Chris has a breadth and depth of experience across the real estate and finance sectors, as well as extensive regional expertise, which will significantly help us scale our loan book. 

“Furthermore, Chris’ mindset tightly aligns with ours in that we want to do the deal. 

“Chris’ appointment will help us expand our broker community and ultimately deploy our abundant cash.”

Since 2019, Blend Network has doubled its lending volumes annually and, in January, the lender introduced a live underwriting service for brokers, which offers 20-minute one-on-one appointments to discuss deals. 

The news follows the recent launch of its 75% LTGDV light refurb product

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