Glenhawk has appointed Paul Gavin as business development manager (BDM), responsible for growing the company’s loan book across the Midlands, North of England and Scotland.
Gavin, who brings over 20 years of financial services experience, will be based in Manchester and report directly to director of sales, Jamie Pritchard.
He will be responsible for promoting Glenhawk’s product proposition in the regions with intermediaries, professional introducers and direct clients, including its first regulated bridging product which was launched at the end of last year in response to strong borrower demand.
Gavin previously spent 11 years at the Bank of Ireland, where he was part of the team responsible for deleveraging a £5bn loan book down to circa £500m, prior to its transfer from Great Britain to Northern Ireland.
He joins Glenhawk from HS Credit and previous to that Oblix Capital and Amicus, where he originated over £40m of credit solutions, including a £10m facility for the refurbishment of Manchester Hall.
Guy Harrington, chief executive of Glenhawk, said: “Having expanded our product suite in response to unprecedented levels of borrower demand, Paul’s appointment is a central part of our growth strategy to increase our footprint and coverage across the UK.
“His experience will enable us to roll out our new regulated and unregulated products in, where we see a clear opportunity to capture a larger share of the short-term lending market with Glenhawk’s tailored solutions.”
Pritchard added: “Having completed our first bridging loan in Scotland earlier this year on a high value residential property, we are now generating an increasingly large volume of enquiries from borrowers outside of our traditional core markets.
“Paul’s local market intelligence and understanding of a borrower’s property investment journey will be critical for us as we build the level of trust required to establish a market leading national business.”