Award-winning bridging lender Tuscan Capital has announced the appointment of two new hires to its expanding team of lending specialists.

With immediate effect, Stephen Palfreeman is appointed to the newly-created position of Associate while Sahana Parameswaran is confirmed as the lender’s new Underwriter.

After graduating with a degree in Business, Stephen joined Omni Capital in 2013 where he gained experience in residential bridging finance. Once Omni rebranded to Fortwell Capital in 2016, he was responsible for assisting the originations team and for performing underwriting due diligence for development finance transactions.

He worked for Fortwell under parent companies CPC Group and, more recently, Cain International.

In his role as Associate, Stephen is responsible for managing new business applications, building and maintaining key professional relationships and for portfolio system management.

Sahana is a BSc (Hons) Mathematics graduate and has worked in the UK banking sector for several years.

Previously, she held the position of mortgage specialist with challenger bank Metro Bank. Most recently, she was part of the property development finance team at One Savings Bank from where she joined Tuscan Capital.

As a member of Tuscan’s Credit & Risk team, Sahana assumes responsibility for case management and the timely and efficient processing of broker-introduced funding applications from receipt through to completion.

Colin Sanders, CEO of Tuscan Capital, commented: “From a standing start in February 2018, we are steadily building a highly successful lending business with substantial funding ready to be deployed.

“Growing our staff numbers incrementally and sensibly has always been a central plank of our long-term business strategy. With some good results already achieved and a very healthy pipeline of new business in place, we judged that the time was right to add extra expert resource to the team.

“With Steve and Sahana joining the business, we are better placed than ever to deliver for our brokers and their clients the outstanding levels of service they have rightly come to expect from us.”


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