Spring Finance celebrates anniversary with new hires

By Bridging Loan Directory 13th March 2024

Two years since its launch into the bridging market, specialist lender Spring Finance is blooming.

Following another record-breaking month of lending across all products, Spring has made a number of significant hires.

With a staff count now approaching 40, the specialist lender has made hires across their bridging and mortgage team as well as boosting their compliance function.

The bridging team has recruited Amy Robinson (previously at Apex bridging) as BDM for Southwest of England and South Wales and Natasha Satanas as a BDE.

The mortgage team adds Will Merry (ex MFS and Masthaven) as a senior underwriter and Binay Pun (ex Equifinance) as an underwriter.

Tania Smith joins servicing and collections as a senior account manager for mortgages from Pepper.

Dave Old joins as Head of Compliance from Masthaven.

These hires support both the regulatory controls of the business and the drive for business acquisition across bridging, development finance and mortgage lending.

Spring has also successfully increased the size of all three of its institutional debt funding lines.

In addition to this the company has closed on a very successful mezzanine funding round from private investors.

Jim Baker, Sales Director of bridging said:

“The market response to Spring has been exceptional.

In a crowded space it is important to create opportunities that add value to brokers operating in both the regulated and unregulated market.

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 of Spring said:

“In the 2 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”.