Spring Finance, a specialist lender in the bridging market, is experiencing a period of remarkable growth two years post-launch, marked by another record-breaking month in lending.
With the team now nearing 40 employees, Spring has welcomed new talent across various departments. The bridging team is joined by Amy Robinson, formerly of Apex Bridging, as BDM for the Southwest of England and South Wales, along with Natasha Satanas as a BDE.
On the mortgage side, Will Merry, previously with MFS and Masthaven, steps in as a senior underwriter, and Binay Pun joins as an underwriter from Equifinance. From Pepper, Tania Smith enters as a senior account manager for mortgages in servicing and collections, while Dave Old has been appointed as Head of Compliance, transitioning from Masthaven.
These strategic hires not only strengthen Spring’s regulatory framework but also energize its business acquisition pursuits across bridging, development finance, and mortgage lending sectors.
Furthermore, Spring has successfully enlarged all three of its institutional debt funding lines and closed a productive mezzanine funding round with private investors, illustrating a strong start to the year.
Jim Baker, sales director of bridging, expressed enthusiasm for the market’s reception of Spring: “The market response to Spring has been exceptional. We have a hugely experienced team that is core to our proposition and I am thrilled to see two new additions this month to my team in Amy and Natasha.”
Andrew Bloom, CEO and owner, reflected on the company’s journey: “In the two years since taking ownership of Spring, the industry has been faced with an incredibly challenging economic climate. I am very proud of the solid foundations that Spring has built. The quality of staff that have joined, together with our robust funding model provides the ideal platform to support our ambitious growth plans. Spring has very exciting plans for 2024 as we look to further establish our business in the specialist lending space.”
