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Bridgit adds 5 BDMs amid surging bridging loan demand

by Will Paige11 minute read

The non-bank lender has announced a raft of new appointments in newly created roles to support the broker channel.

Bridging finance lender Bridgit has appointed five additional state-based business development managers (BDMs) in response to business growth and increasing demand for tailored bridging loans.

The Sydney-based lender said the expansion of its team would enable it to provide localised support to its broker network nationwide.

The five new state-based BDMs, who all started on 13 January, include:

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  • Jayne Eastick (Western Australian BDM), based in Perth.
  • Jack Smallwood (Queensland BDM), based in Brisbane.
  • William Mulvey (Victorian BDM), based in Melbourne.
  • Scott Byrt and Isabella Despot (South Australian BDMs), based in Adelaide.

Eastick joined from aggregator LMG, where she was state growth manager. She was previously at Perth-based aggregator AFG and also held roles as a senior mortgage broker at Aussie and a home and investment lending manager at Australia and New Zealand Banking Group (ANZ).

Smallwood was most recently a finance manager at mortgage brokerage Inception Wealth Group and, prior to that, spent more than five years at Heritage Bank.

Mulvey joined Bridgit from bookkeeper Retinue where he was a senior BDM in Melbourne.

Byrt left Adelaide Bank in November 2024, where he was partner relationship manager. Prior to that, he was at Bendigo and Adelaide Bank for more than six years.

Despot was a BDM at car finance provider Greenlight Auto Finance, a role she left in August 2024. Before that, she was a finance broker at loans provider So Easy Loans.

The latter two became the company’s first BDMs focused on South Australia.

The new hires join Bridgit’s non-bank distribution team that also includes its national broker support team.

Bridgit’s accredited broker network grew by 145 per cent year on year in 2024, which the lender said highlighted increasing use of bridging finance by brokers.

Bridgit head of distribution Stephen Doyle said: “We are thrilled to start the new year by welcoming five exceptional BDMs – Jayne, William, Scott, Isabella, and Jack – to the Bridgit team. All five bring invaluable local insights to their respective markets and will play a key role in driving awareness of bridging finance and empowering brokers to support more Australians in securing their dream properties.

“With Scott and Isabella as our first team members on the ground in South Australia, we can now provide the best possible service for our South Australian network while continuing to strengthen our nationwide presence.”

Doyle said that changing market dynamics were driving demand for bridging loans.

“As the property market faces ongoing challenges such as constrained housing supply and shifting buyer preferences, bridging finance remains a vital tool for helping Australians move forward with confidence. Our tech-driven platform simplifies a traditionally cumbersome process, allowing brokers to focus on tailoring solutions for their clients’ unique needs,” he said.

[Related: Bridgit bolsters distribution team with strategic hires]

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