Joanna Scott, formerly BOOST&Co’s head of London and the east, has been promoted to managing director in a move that gives further impetus to the alternative lender’s ambitious plans for growth. Scott brings a wealth of knowledge and experience to the role, having worked for the independent asset manager for almost five years.
A key part of Scott’s role will be cementing the lender’s reputation as a leading provider of term loans for UK SMEs, particularly fast-growing, high-tech firms. She will take on the day-to-day running of BOOST&Co’s front office in the UK and will help to inform the strategic direction of the business from a customer-facing perspective.
In addition, former principal Adam Brinn has been promoted to fill Scott’s shoes as head of London and the east. Essex-based Brinn will build on the lender’s strong presence in the region and will be integral to BOOST&Co’s mission to support the increasing demand from SMEs for alternative forms of debt.
BOOST&Co is a leading provider of growth capital for innovative, fast-growing UK SMEs. The independent asset manager offers loans ranging from £1m to £10m, covering a wide range of sectors, with a strong track record in technology, media and telecommunications (TMT). It has funded more than £500m across more than 130 deals to date and provided close to £200m under the government’s CBILS initiative to support SMEs during Covid-19.
The lender’s rapid growth in recent years means that the business is actively seeking new principals with strong SME networks to join its team. BOOST&Co prides itself on its diversity, with its employees evenly split between women and men.
Targeting growth for BOOST&Co and the SMEs it serves
Commenting on her new role, Joanna Scott, managing director of BOOST&Co, says: “After nearly five years working at BOOST&Co, I’m looking forward to the next chapter in my time here – leading the team and growing our organisation.
“We have ambitious growth targets for the next few years, so I’ll be working hard to ensure that we expand our team and continue to provide the very best debt solutions for our new and existing clients.
“As managing director, I will be responsible for not only growing the organisation, but also ensuring that all of our departments are working cohesively to achieve our targets. We are actively seeking new principals to support us in this endeavour and we welcome applicants from all backgrounds.”
Adam Brinn, head of London and the east at BOOST&Co, says: “In my new role, I’m looking forward to building on the strong foundations we have established in London and the east, by helping even more SMEs to get the funding they need and deserve.
“I aim to increase BOOST&Co’s presence across the region by making new appointments and I will also focus on collaborating with our sister company, Growth Lending. By expanding our networks and working with sponsors that share a common goal, I am confident that we can fuel our growth and support new and existing clients in the months and years to come.”