HILTON VENTURES EXPANDS BRIDGING FINANCE

2008-05-15 15:27:01 - Manchester based Hilton Ventures Plc - the PLUS listed short term property finance company - is pleased to announce that its wholly owned subsidiary, Hilton Ventures Finance Limited, has expanded its bridging finance team with the appointment of Jonathan Bassey as a Business Development Manager.

Jonathan has extensive experience in the short term finance sector having previously been a Business Development Manager at Bristol and West Investments and Head of Commercial Underwriting at Loanoptions.co.uk.

Graham Alcock, Chairman of Hilton Ventures, commented:

'Jonathan brings an extensive network of contacts in the broker and IFA community to Hilton. He will work under our recently appointed Head of Lending Andy Eames and together they will develop the visibility of the Company to the market and look to increase our loan book in line with our targets.'

Jonathan Bassey, Business Development Manager at Hilton Ventures Finance, added:

'It's great to be joining a young and forward-looking business. We are seeing a significant increase in business opportunities as the squeeze on credit facilities in the high street tightens. Hilton is a business that is in the right place at the right time and definitely going places.'

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About Hilton Ventures PLC

Hilton Ventures Plc (PLUS: HTVO) is quoted on PLUS and is a specialist provider of short term property finance. Based in Manchester, the Company provides short-term bridging finance for residential and commercial property-related transactions. Its management team and that of its subsidiary, Hilton Ventures Finance Limited, brings together a group of highly experienced professionals from the banking and property lending industry.

For further information:

Hilton Ventures Plc
Graham Alcock Tel: 0161 886 0500

Gth media relations
Toby Hall/Christian Pickel Tel: 020 7153 8039/8036