Pan European Asset Company (PEAC) has continued its focus on the UK hard asset market with three hires.

The European funder first launched in the UK in April 2016, and appointed Paul Bowden to manage the development and implementation of its lending proposition.

Richard Tungate-Thorn was appointed in December 2016, and is tasked with managing the credit underwriting processes and policies, and PEAC has appointed Andy Dunt to its commercial team.

Graham McWilliams, PEAC’s chief executive officer, said that it was committed to the UK, and plans to expand its UK teams further in 2017.

McWilliams said: “PEAC are committed to supporting the UK hard asset broker market and with further plans to add to both commercial and credit teams in 2017 our goal is to deliver a valued proposition to our broker partners underpinned by quality of service and flexible underwriting.”