Bridging Finance Solutions has hired Lee Gilmore for his corporate and commercial banking expertise from HSBC.
On a consultancy basis Gilmore, who was relationship director at HSBC, will be charged with growing the business development team and raising the profile of the firm in the North West as well as identifying new business opportunities.
He said: “I intend to utilise my in-depth knowledge of the banking sector to support BFS’s strategy on receiving more referrals from the banking industry.
“I have constantly been involved in business development with the North West professional sector for over 20 years and it is this experience and depth of contacts that will assist my BFS colleagues with their own business development.”
“It’s a really interesting time in the banking and lending industries where we’re seeing bridging playing a more important role in the economy by permitting asset rich and temporary cash poor individuals to make progress and buy time.
“By educating the professional sector (banks, accountants, solicitors), bridging can provide a quick and temporary fix for their clients and help them cement their client relationships.”
He added: “I am delighted to be given the opportunity to support a Merseyside headquartered business with a fantastic product offering that has the capability to significantly grow the lending book right across the UK.”
He will mentor the team and help it make informed investment decisions within the business.
Steve Barber, managing director at Bridging Finance Solutions, said: “Lee joining the BFS team is a definite coup for us.
“He is a well-established and recognised figure within the North West banking sector and his experience, contacts and wider understanding will undoubtedly support us in terms of our ambitious future growth plans.”