Recognise Bank, the SME property lending Bank, has signalled its next stage of growth by declaring its new office in Milton Keynes fully operational.
The Bank has grown its loan book by over 45% in the past 12 months, whilst recently exceeding £600m in deposits. The new office brings all bridging and term lending origination operations (pre and post offer), plus loan servicing under ‘one roof‘.
The office has been designed to strengthen collaboration, leadership oversight and operational effectiveness with the recent branding as the ‘Decisive Bank’ reflecting its commitment to helping brokers and SMEs secure faster, clearer lending decisions.
The team in Milton Keynes is managed by Anita Kirkbright, Head of Operations.
Recognise Bank continues to build on its strong growth, expanding its lending proposition and operational capability to support more brokers, property professionals and SMEs across the UK.
Anita Kirkbright, Head of Operations at Recognise Bank, said:
“Since we announced the setting up of our Milton Keynes office at the start of December last year, it’s been inspiring to not only see the team pull together to create this new office, but also to be able to attract such incredible talent from the local area. We are already witnessing the value of a joined up ‘cradle to grave lending’ approach which is delivering consistency and decisiveness to brokers and their SME clients.”
Simon Bateman, CEO of Recognise Bank, added:
“As I said in December, when I announced the setting up of the Milton Keynes office, this is an important step on our journey to build a stronger, more connected and decisive, Recognise Bank. One that’s fit for the next stage of our journey, while staying true to the values of being The Decisive Bank and service our customer’s trust.
“Already this year we have not only exceeded £600m in deposits but also reached the milestone of a £500m loan book and have undergone a rebrand. However, we have no intention of standing still, as the feedback in the last few months about the Bank from brokers has been superb and gives me and my executive team the confidence to achieve our wider growth ambitions.”
Recognise Bank continues to expand its intermediary offering, providing flexible, relationship-led lending solutions designed to support brokers and their clients across a wide range of commercial property transactions.
