CHARTERED ACCOUNTANT Simon Watson is to develop a debt advisory service for property businesses for BTG Financial Consulting.
Watson, who trained with the Big Four before setting up a property development business in Glasgow, has experience of the sector. He spent six years working on distressed properties with both Clydesdale Bank and National Australia Bank.
His new role will focus on debt advice for solvent and performing property businesses, across Scotland.
Watson said: “Our aim is to work with clients to help them articulate and present their position in the best possible light to banks/funders in order to achieve a market leading, enhanced refinance offer. We will also help with existing lender negotiations to bring resolution to difficult legacy relationship issues.”
Managing partner Ken Pattullo said that Watson had a “strong track record” in distressed property, and the expertise to lead BTG’s new offering.
“Simon will add further strength and depth to the team in Scotland as we continue to support businesses facing tough funding challenges.”
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