West One Loans has hired Lee Carling from Dragonfly Property Finance as head of collections.
Carling had spent five years as servicing manager at Dragonfly after having spells at Moneypartners, The Enterprise Group and igroup in operational management and underwriting roles.
Stephen Wasserman, director of West One Loans, whom Carling will report to, said: “We are always looking to boost our team with the brightest talent around and Lee’s experience and expertise perfectly fits the bill.
“He has a detailed understanding of the bridging industry and will ensure that all our active loans are effectively managed and that any issues are professionally resolved.
“Given our stellar start to the year, Lee is joining at a busy time for the business and we are confident that he can help us write the next chapter of our growth story. With short-term finance now proving a viable option for a widening range of borrowers, the sky is the limit for the bridging sector.”
West One recently grew its loan book to £200m after completing more than £80m of loans in the first quarter of 2015.
The short-term lender recently hired Samir Shah as an underwriter.
Carling added: “West One Loans is a household name in the bridging sector and I have long admired its innovative and flexible approach to short-term finance.
“It is a constantly evolving industry and West One’s manoeuvrability and adaptation to new challenges has allowed it to stay front and centre. It has posted some seriously impressive results in the past few years and I am excited to be joining a lender that is so clearly on the up.
“I hope my experience will prove to be a valuable asset for the team and that I can continue to learn from further enhance my skill set from the senior management team at West One Loans.”