The bank has hired a head of asset finance sales and two area directors.

Jess has held business development manager roles at Lombard Asset Finance, Crystal Business Finance and Lease UK.

The service helps a range of organisations meet individual objectives.

More than 20% of brokers said conditions have worsened.

The new product has starting rates of 6.69% for loans over £1m and has been specifically tailored to the sector following feedback from brokers.