Chat to a team member

CORONAVIRUS: The health and safety of our customers and partners is our priority UPDATE

Press Releases

Dominic Sheahan joins Octane Capital as Senior BDM

Octane Capital Octane Capital
Posted on Jun 13, 2018 | in Press Releases

Third generation lender, Octane Capital, today announced the latest addition to its fast growing team — Dominic Sheahan as Senior Business Development Manager. 

Dominic joins from Kent Reliance for Intermediaries where he held a similar field-based role. Prior to that he worked at Metro Bank for two years as a Business Development Manager, being the first BDM to be appointed outside London.

Dominic has an extensive network of brokers in Wales and the South West that he will be introducing to the ‘product-less’ Octane proposition. 

Octane Capital, which launched in May 2017, prices according to risk rather than Loan-to-Value, meaning each loan is uniquely constructed rather than off-the-peg. In January, it extended its product-less lending from non-standard to conventional loan applications. 

Octane has hired aggressively since launch, expanding from an initial team of three to 20 in little over a year – with more senior hires to be announced in the months ahead as third generation lending becomes the number one choice of brokers.

Dominic Sheahan, Senior BDM, Octane Capital, commented:

“Octane are a small, dynamic team and exude an energy that you don’t see much in the property finance market. Their third generation lending model is being embraced by a growing number of brokers and my goal is to ensure it becomes the default setting for those operating out of the South West. The property and property finance markets are both changing and with their product-less lending Octane have shown that they can adapt to that change. It’s an exciting time and a highly exciting business to be a part of.”

Mark Posniak, Managing Director, Octane Capital, added:

“Dominic is one of the most respected people in his field, with a proven track record and a network of brokers that is second to none. As a lender we are increasingly looking to build our book outside the capital and the South West is one of the most active regions at present. With Dominic, we will have an exceptional foothold in that area of the country as we seek to scale up our lending and make the third generation of lending the only generation.”

More in this section

Octane Capital has introduced a BTL calculator that aims to further reduce the application time for its new BTL range.

Nov 02, 2020 | Press Releases

The specialist lender’s BTL product requires zero stress-testing. In…

Mark Posniak
Mark
READ MORE

Octane completes over 1,000 loans since launch

Oct 21, 2020 | Press Releases

Octane Capital has completed over 1,000 loans since launching…

Octane Capital
Octane Capital
READ MORE

Octane 'committed' to brokers and completes on four loans in 24 hours

Mar 24, 2020 | Press Releases

‘Product-less’ lender, Octane Capital, today announced that it…

Octane Capital
Octane Capital
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

1 month, 1 week ago
Cant stop laughing at this!!! https://t.co/qdObP94zF6

11 months, 1 week ago
RT @mposniak: @OctaneCapital #3rdGen CEO Jonathan Samuels speaking style #TSLE2020about the risks of Dual Rep - especially for Co… https://t.co/iicz42Yboh

11 months, 1 week ago
RT @mposniak: So never posted anything yesterday as I was travelling (a day late due to Storm Ciara I might add!!) Delighted to… https://t.co/nNP977c8IK

11 months, 1 week ago
RT @mposniak: Another completion this time to make up for the lost day yesterday... Lovely £1.25m @OctaneCapital #3rdGen… https://t.co/r3ESjSiysv

11 months, 1 week ago
RT @mposniak: Last one to talk about today but its a special one.... Delighted to complete a lovely @OctaneCapital #3rdGen… https://t.co/LQEJw9uBUw

11 months, 1 week ago
RT @mposniak: Qualification for the 3rd Annual #OctaneCapitalCup in now open!!! Contact your BDM for more info on how to qualify… https://t.co/BmyjR2qLGF