Kim Wood has been promoted to the position after proving to be an essential member of the unit since joining it in January last year.
Shawbrook says Kim’s promotion is timely as the STL team had seen a substantial increase in demand for its products since an overhaul of the range earlier this year.
Kim said she was delighted to have been recognised for her work and was looking forward to starting her new role.
“Day-to-day, I will continue to help process the bank’s short term deals, working closely with brokers and their clients to pave the way for a smooth transition from initial enquiry through to completion,” said Kim.
“The additional seniority will provide me with an opportunity to learn even more about the demands and intricacies of STL business, enhancing the service I provide to broker partners in the process.”
David Alexander, Senior Lending Manager for Shawbrook’s STL Team, added that he was delighted that Kim’s expertise and dedication had been rewarded.
“Our short term loan team is a small, highly specialised unit; we’re kept at the top of our game by the exceptional demand for STL products and Kim’s professionalism is invaluable to our ongoing success,” said David.
As well as reporting a 23% jump in commercial mortgages in the third quarter, Shawbrook recently revealed that it is processing well over 1,000 short term loans a month.


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