The recruitment is part of the lender's planned expansion into development lending
Bridging lender London Credit has bolstered its team with the addition of three new hires – Jake McCausland, Wesley Hawthorn, and Drena Gashi.
McCausland has joined to lead the lender’s planned expansion into development lending, set to launch later this year. He brings extensive experience from previous roles at Wellesley Finance and Fiduciam.
Hawthorn has been appointed as a senior business development manager to help establish the development finance division and broaden market presence. He has a strong background in property finance, with experience at Lendinvest, Lendhub, and Fiduciam.
Gashi has also joined London Credit as a senior business development manager. Originally from New York City, she brings a diverse background in finance, with roles at JP Morgan Chase and various specialist lenders in the UK. Her expertise in commercial and residential lending, investments, property transactions, and client relationship management makes her a valuable addition to the team.
“We are delighted to welcome Jake, Wesley, and Drena to the team,” said Marios Theophanous (pictured), credit manager at London Credit. “Their exceptional backgrounds and proven track records in the finance industry signal our ongoing growth and ambition in the UK bridging and development market.
“With their expertise, we are confident in our ability to expand our service offerings and deliver even greater value to our clients. This is an exciting time for London Credit, and we look forward to the contributions our new team members will make in driving our success.”
London Credit, which recently launched a hybrid buy-to-let product, currently offers bridging loans ranging from £100,000 to £3.5 million on residential, commercial, and semi-commercial properties in London, the South East, and major cities, with terms from three to 18 months. These loans can be used for product refurbishment, auction finance, and capital raising. The maximum loan-to-value (LTV) on commercial and semi-commercial loans is 70%.
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