Prince joined Allica Bank in 2019 as the first member of the underwriting team, where he helped to develop its underwriting function from scratch.
Allica Bank has appointed Jonathan Prince (pictured) as business relationship manager (BRM).
Prince joined Allica Bank in 2019 as the first member of the underwriting team, where he helped to develop its underwriting function from scratch.
As BRM, he will work directly with commercial finance brokers and business advisers on shaping potential cases and providing support to small and medium-sized businesses.
Allica Bank is particularly looking to leverage Prince's underwriting expertise and insight to help businesses and brokers prepare deals from day one.
Prior to joining Allica Bank, Prince held underwriting and credit positions at Redwood Bank and Cambridge & Counties Bank.
The announcement follows a raft of new regional relationship manager appointments made this year by Allica Bank across the UK.
Prince said: “At times like this, it’s more important than ever that small and medium-sized businesses have access to real lending expertise and get quick decisions from finance providers.
“I am looking forward to working directly with our broker partners and SMEs, and applying my technical knowledge to link customers up with the finance they need to thrive.”
Mark Stephens, CEO of Allica Bank, said: “We are really pleased to announce Jonathan’s new role at Allica Bank.
"His extensive underwriting expertise will be a huge asset for brokers and small and medium-sized businesses alike.
“He played a pivotal part in developing Allica Bank’s underwriting function, and I have no doubt he will be just as successful working directly with customers in the field.”
