Capseed appoints national sales manager

Non-bank lender Capseed has announced the appointment of John Ristevski as its national sales manager to grow its sales team amid the lender’s rebrand.

Capseed has revealed that its new vision involves establishing a premium service and product offerings that would “set a new standard in the industry”.

Ristevski has worked as the lending manager for private investment firm Australian Securities and as a business development manager (BDM) for tech company OneTwo Home Loans.

The new national sales manager has also served as a senior home lending specialist with the Commonwealth Bank of Australia (CBA) and was the long-serving managing director of his financial services start-up Rook Finance.

Ristevski, who began his new role in April, has been appointed to drive Capseed’s new vision as well as “building and streamlining sales operations and workflow”, according to the lender.

The lender said on its rebrand: “With speed, efficiency, and market-leading customer experience at the forefront, Capseed is poised to become the go-to choice for brokers and business partners seeking ethical finance solutions.”

Deepti Alurkkar, Capseed’s head of operations, said on Ristevski’s appointment: “So thrilled to work with the new vision, new branding and more importantly working with … John Ristevski.”

Speaking directly to Ristevski, Alurkkar said: “With the wealth of experience, the knowledge of lending, and most importantly the passion to help your brokers will surely set you and your team apart.”

Ristevski also said that he was excited to start with Capseed: “I am so excited for the journey that Capseed has embarked upon. I feel absolutely privileged to not only be a part of this journey, but also a driving force.

“[Capseed’s] foundations are solid. Our strategy has been set. We will continue to build on these solid foundations, creating a premium service and product offering that our brokers and business partners will consider as their first choice for their clients.”

Capseed has also announced a new no-documentation loan product, with interest rates starting at 10.99 per cent, designed to “empower mortgage brokers with flexible and efficient solutions”, according to the lender.

The announcement comes as fellow non-bank lender Bizcap announced the appointment of an inaugural chief credit officer to lead its growing credit team.

[Related: Bizcap tranforms credit team]