Pallas Capital has settled more than $1.2bn in loans since 2016, and $820m of that total was in the last 12 months. The leading specialist property lender has just received a $530m funding boost from Credit Suisse, allowing it to offer more finance solutions to brokers and their clients
Non-bank lender appoints lending executive
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Pallas Capital has appointed a former La Trobe Financial executive as its new executive director of lending.
The non-bank lender has appointed Steve Lawrence to the newly created role of executive director of lending, where he will lead the lending team and seek to expand the loan book at a “rapid rate”.
The lender said that Mr Lawrence would focus on service, speed-to-market and flexibility in assessing and delivering loans to its client base.
Mr Lawrence has joined Pallas Capital from La Trobe Financial, which he joined in 2007 and held the role of chief lending officer, commercial.