UK SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues. The new appointments bring a wealth of sector experience to Growth Street. Chan Purewal, formerly of Boost Capital and Bibby Financial Services, has joined the business as Director of Sales.
“Growth Street is ready to achieve big things over the next 12 months and beyond,” stated Purewal. “I’m excited to start working with some of Britain’s best SMEs and help Growth Street develop into a market-leading business lender.”
Nicola Weedall, previously of GE Capital and latterly Head of Risk and Compliance at invoice financing specialist DueCourse, has joined Growth Street as Head of Relationship Management, a role split between London and Manchester. Nick Owers, formerly Head of Banking Relationships at iwoca, will become Business Development Manager.
The new hires follow a series of important milestones at Growth Street. The firm recently doubled its maximum credit limit for SMEs, from £500,000 up to £1M and also unveiled a new channel dedicated to the broker space, following the appointment of Commercial Director Chris Weller earlier in the year.
“I’m delighted to announce that Chan, Nicola and Nick are joining Growth Street to boost our commercial expertise,” shared Weller. “We’re embarking on an important phase of growth, and bringing their experience into the team will heighten our ability to scale in the coming months and beyond.”