Broker expands with new healthcare finance division

East Midlands-based financial services broker Midlands Asset Finance (MAF) has created a new healthcare finance division and appointed four directors to oversee it.

The national division will be led by newly appointed director and head of healthcare finance Mike Gascoigne, who previously spent ten years in the corporate healthcare team at Santander.

His team will consist of Wesley Hodelin, Mindy Kaur-Smith and Shital Koria.

Koria joined MAF in 2018 after spending ten years at Royal Bank of Scotland and Lombard, while Hodelin and Kaur-Smith have joined the company from Santander.

The growing firm now has a total of 41 employees.

MAF director and head of business development Dave Chapman said: “I am delighted to welcome Mike and the team to launch our healthcare division, as we continue with our expansion to help more clients achieve their growth ambitions.

“We will be looking to support our clients with all aspects of funding in the care sector with core lending to build new care homes and refinance existing ones, together with supporting the whitecoat sectors and their asset finance requirements, too.”

Gascoigne added: “I am delighted to have joined the team at MAF and look forward to taking the new healthcare team forward.

“Having spent the last 15 years in the sector working for corporate banks, we have built a strong network of contacts and market knowledge that will enable us to offer sound advice and find the best finance packages from a wide panel of funders that we have access to.”