Bridgingloans recruit finance director

Ryneveld joins the company from Cheval Property Finance and will put in place brand new financial structures in order to drive the next stage in the company’s development following its recent rebrand.

In his previous position, Ryneveld was involved in establishing a strong finance team and was integral in implementing robust business processes and procedures. Prior to that he worked for leading global bank, HSBC, in CapeTown South Africa where he implemented pioneering financial procedures to support one of the first hedge fund investment groups in the country.

"There has been significant growth in the bridging loans industry and Bridgingloans.com has been at the forefront of educating the marketplace about the benefits of bridging finance," commented Martyn Smith, managing director of Bridgingloans.com.

"With his proven track-record and innovation in the financial and bridging loans sectors, Ryneveld will play a pivotal role in helping to drive forward our ongoing business development."

Ryneveld van der Horst added: "Bridging finance is a very niche market and is still often seen as the last resort for borrowers. Education needs to be done to change the perceptions of why people bridge and to open up opportunities for new markets for short-term finance. It's a really exciting time in this market and I am delighted to be at Bridgingloans.com at a time when there are immense opportunities in the sector."