Santander appoints new growth capital director for north west region

Covering the Corporate Business Centres in Manchester and Liverpool, Phil will specialise in working with growing businesses with an annual turnover of up to £25 million that are seeking growth capital finance to develop their next stage of business growth. He joins a 65-strong team in the North West including sector and product specialists in Real Estate, Healthcare, Education, Asset, Invoice and Trade Finance.

Phil joined Santander in 2011, and has 12 years banking experience in the North West. Growth Capital is a unique debt financing facility to the UK SME sector, focussed on supporting those businesses with a successful track record and ambitions of growth. It was launched in December 2011, providing fast growing entrepreneurial businesses with funding to support a variety of requirements including increasing working capital, strategic acquisitions, roll-out fulfilment or step change in sales and marketing activity.

Darren Hart, National Head of Growth Capital, said: “I am delighted to welcome Phil to our team. Santander Corporate Commercial has established itself as a major supporter of UK businesses and is committed to building long-lasting relationships with our customers so that we are able to provide tailored support at every stage of their business.

“We are committed to growing our relationship teams to provide this dedicated support for more local businesses as our own business continues to expand and grow. Phil Mason is an experienced local banker, committed to supporting businesses in the North West, and I am sure that his strong network of business and professional relationships will help us accelerate our plans to deliver further Growth Capital financing to support fast growth businesses across the region. I wish him every success in his new role.”