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The lender has appointed two new BDMs to strengthen broker partnerships in key markets.
Non-bank lender Funding has appointed two business development managers (BDMs) in an effort to strengthen its broker partnerships in New South Wales and Victoria.
The bridging and short-term finance provider named Thomas Cutajar as BDM for Victoria and Kylie Mahasay as BDM for New South Wales.
Cutajar brings seven years of experience in the Victorian property market to the role and was previously a business development associate at mortgage lender Oak Capital.
He specialises in private lending, according to Funding, and also served as a BDM at real estate group Jellis Craig.
Mahasay has over five years of experience in finance, including roles in unsecured business lending and at finance industry majors such as American Express.
She was most recently a BDM for small business loan specialist OnDeck Australia and has worked in sales at cashflow management business Finstro and as a business development executive at research and advisory firm Gartner.
Funding said new BDMs strengthened its ability to support brokers and their clients with short-term property finance options, including bridging, business and building loans.
Chris Maamoun, head of sales and partnerships at Funding, stated: “Broker partnerships are at the core of what we do. From scenario to solution, we work alongside brokers to help them build stronger client relationships and close more deals, faster.”
Funding CEO and founder Jack O'Reilly added: "Combining cutting-edge credit processing with a decade of specialised expertise, Funding is the trusted name in bridging finance – powered by technology, backed by experience. Expanding our national BDM team enables us to meet the increasing demand for our bridging, business and building loan solutions."
The appointments come at a time of significant growth for Funding, which recently surpassed $1 billion in bridging loans and expanded its credit facility in partnership with international financial services firms.
[Related: Bridgit adds 5 BDMs amid surging bridging loan demand]
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