Shawbrook

Shawbrook names new head of growth capital business




Shawbrook has appointed William Chappel (pictured above) to head up its new growth capital business.

William has 13 years of experience in global corporate banking and previously held roles at HSBC, where he was a director, and Barclays, where he was one of the founders of the venture debt team within the bank’s corporate banking department.

As head of growth capital at Shawbrook, William will help the bank achieve its aim of supporting fast-growing, venture-backed companies seeking debt finance.

Shawbrook’s growth capital product is designed to extend the runway between equity fundraising rounds, allowing entrepreneurs to continue investing in growth while preserving their shareholding.

The product is suited to technology companies and will be available across a range of sectors wherever income-generating, VC-backed companies can usefully employ and service debt finance while looking for profitability.


“I came to Shawbrook because the bank values the concept of helping ambitious businesses grow at pace – the types of business that will play a key role in the UK economy as our technology sector continues to innovate, evolve and expand,” said William.

“I am looking forward to helping Shawbrook become the go-to finance provider in the UK for venture-backed, fast-growth companies.”

Neil Rudge, interim managing director of business finance at Shawbrook, added that it had big plans for its growth capital business.

“We understand how debt finance can play a crucial role in helping entrepreneurs, and the investors behind them, successfully take their businesses on to the next stage of their development.

“Backed by a strong team, William will be tasked with growing our own growth capital business and spreading the word that we are here and ready to lend.”

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