Cowan (pictured) was previously working part-time in a consultancy role at the lender.
A 12-month bridging loan of £54,490 was agreed.
In the first half of 2019 there were almost 300,000 changes to criteria.
The specialist distributor has appointed Kevin Blount and Michelle Neville.
Chapman joined Lendco in January.
In August the lender promoted Sonia Shortland to managing director.
Complete FS is also offering its introducers the opportunity to use the email encryption.
Octane lent West Rock Capital’s client the balance of £1.35m, or 90% of the purchase price.
Loans can be up to £3m in size and have a maximum LTV of 75%.