Bridging Vat has appointed Mike Underwood as sales director.
Underwood joins the specialist VAT lender from his own commercial finance brokerage, a member of NACFB. He will divide his time between his home base in Dorset and the Bridging Vat offices in Colchester.
Alan Smith, managing director at Bridging Vat, said: “This is a key role at an important time in our development.
“Mike has extensive experience of building third party distribution networks in both property and financial services. This will ensure that the Bridging Vat product is available to the widest possible audience.”
Underwood added: “It is great to be involved with an exciting new lending project.
“The Bridging Vat product is fantastic, a natural extension to any commercial finance broker’s client offering – enabling transactions to complete and providing a welcome new income stream.
“I am looking forward to the challenge of building a nationwide distribution network.”