Wyelands Bank, set up to help small and medium businesses, has appointed Mark Turrell to its asset finance team. Mark joins as the bank launches its newly created asset finance offering for the renewables sector.
Mark will focus on developing the bank’s offer to help support renewable energy firms to access finance and unlock growth.
His appointment is part of the bank’s strategy to help renewables and manufacturing businesses to trade and grow through the right combination of simple but specialist asset finance solutions. Mark will report to the MD of asset finance, Jim Higginbotham.
Jim Higginbotham, managing director, asset finance, at Wyelands Bank, said: “At Wyelands Bank, we get to know and understand our customers, helping them to access finance and unlock growth. With a strong track record in the renewable energy sector, Mark’s appointment demonstrates our commitment to support our customers in this critical sector.
“Together, we will deliver innovative and high-quality financial solutions for renewables energy business looking to access asset finance.”
Mark joins as Business Development Director, asset finance and is based in bank’s London office.
Mark Turrell, Business Development Director, asset finance, at Wyelands Bank, said: “Wyelands Bank is building a reputation as a firm that understands its customers and will tailor solutions to meet a customer’s specific challenge. Renewable energy firms have very specific challenges so Wyelands Bank’s understanding of the sector and willingness to take a flexible approach to find the most appropriate solution will work well for the sector.
“I’m looking forward working with the team to develop our offering and help more renewables firms to trade, grow and create jobs.”
Mark has 25 years experience in the finance industry with significant expertise in the renewables sector. He is one of the few professionals in the market to have completed battery storage and energy efficiency transactions with industrial, energy and commercial businesses.
Mark joins Wyelands Bank from Capitas Finance where he was an executive director focused on renewables energy and energy efficiency projects. He has previously held senior roles for Lloyds Banking Group, where he was a business development director for commercial banking mid-markets. He also worked for GE Capital as head of business development, equipment finance.