Peer-to-business company rebuildingsociety.com has appointed Rick Hyland as its new business development manager for the Yorkshire region.
Rick will be responsible for growing rebuildingsociety.com’s growing network amongst Yorkshire based businesses and lenders.
The Leeds-based firm recently announced that it has passed the £1 million borrowing milestone after a surge in interest from small and medium sized business (SME) borrowers. Indeed rebuildingsociety.com is set to target £20 million of borrowing by the end of 2014.
Mr Hyland joins from recruitment agency Reed where he was a senior consultant. Outside his day job, he also runs two Stagecoach Theatre Art School franchises based in Malton and Northallerton in Yorkshire.
Daniel Rajkumar, managing director of rebuildingsociety.com, said:
“Rick is a relationship person. He has an easy rapport with everyone he meets with an excellent understanding of business.
“I’ve worked with Rick previously and know his drive and personality can help rebuildingsociety.com scale rapidly in the next 12 months.
“We exist to help SMEs grow and by connecting businesses to lenders that care about the UK’s prosperity and are willing to help them in ways other than just lending money, we’re offering considerable value to businesses.”
Mr Hyland said:
“I’ve spent the past five years helping businesses get the right staff, but I’m also a business owner myself, so I understand the frustrations that SMEs have with traditional finance.
“This market really is a win-win for businesses and I would encourage them to make contact to see how we can help. There is certainly a growing appetite among consumers to lend to successful businesses in a range of sectors.”
rebuildingsociety.com facilitates loans from £25,000 upwards and businesses must have at least two years of trading history and be profitable. For more details on its borrowing criteria, please visit https://www.rebuildingsociety.com/