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Wyelands Bank launches asset finance offering for renewables sector

Theo Osborn | 13:30 Tuesday 20th August 2019

Wyelands Bank has appointed Mark Turrell (pictured above) to its asset finance team as it launches its newly created offering for the renewables sector.

Mark’s appointment comes as the bank is strategically aiming to help renewables and manufacturing businesses to trade and grow.

He will serve as business development director of asset finance in the bank’s London office and report to Jim Higginbotham, managing director of asset finance at Wyelands Bank.

Mark’s role will consist of developing the bank’s offering to support renewable energy firms, while helping them to access finance and unlock growth.

Jim said: “At Wyelands Bank, we get to know and understand our customers, helping them to access finance and unlock growth.

“With a strong track record in the renewable energy sector, Mark’s appointment demonstrates our commitment to support our customers in this critical sector. 

“Together, we will deliver innovative and high-quality financial solutions for renewable energy businesses looking to access asset finance.”

Mark has 25 years of experience in the financial services industry and joins from Capitas Finance, where he was an executive director.

Prior to this, he held senior roles at Lloyds Banking Group and GE Capital.

Mark said: “Wyelands Bank is building a reputation as a firm that understands its customers and will tailor solutions to meet a customer’s specific challenge.

“Renewable energy firms have very specific challenges, so Wyelands Bank’s understanding of the sector and willingness to take a flexible approach to find the most appropriate solution will work well for the sector. 

“I’m looking forward to working with the team to develop our offering and help more renewables firms to trade, grow and create jobs.”

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