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Non-bank lender and bridging loan specialist Bridgit has appointed five new business development managers (BDMs) on the back of business growth and increased market demand for tailored bridging loan solutions.
According to the lender, the expansion of its state-based BDM team is set to enable Bridgit to provide “top-tier, localised, export support to its network of accredited brokers nationwide”.
The new hires are as follows:
• Jayne Eastick, Western Australian BDM based in Perth.
• Jack Smallwood, Queensland BDM based in Brisbane.
• William Mulvey, Victorian BDM based in Melbourne.
• Scott Byrt, South Australian BDM based in Adelaide.
• Isabella Despot, South Australian BD based in Adelaide.
The quintet of appointees will join Bridgit’s already growing distribution team that includes Nik Thurgood, Lili Barron, Matt Pride, Jolene Farrow, Jeff Hilton, Michael Balshaw, and Nikki Pelizzoni along with their broker support team.
Stephen Doyle, head of distribution, Bridgit said on the appointments: ‘“We are thrilled to start the new year by welcoming five exceptional BDMs – Jayne, William, Scott, Isabella, and Jack – to the Bridgit team.
“All five bring invaluable local insights to their respective markets and will play a key role in driving awareness of bridging finance and empowering brokers to support more Australians in securing their dream properties.
“With Scott and Isabella as our first team members on the ground in South Australia, we can now provide the best possible service for our South Australian network while continuing to strengthen our nationwide presence.”
The new appointments come off the back of Bridgit reportedly seeing its accredited broker network grow by 145 per cent over 2024.
This also further highlighted a rising utilisation of bridging finance as a crucial tool for brokers to help clients navigate property transitions, according to Bridgit.
“This trend reflects a significant shift in how brokers are leveraging bridging finance to help clients unlock opportunities and use property equity for their next step,” Doyle said.
“As the property market faces ongoing challenges such as constrained housing supply and shifting buyer preferences, bridging finance remains a vital tool for helping Australians move forward with confidence.
“Our tech-driven platform simplifies a traditionally cumbersome process, allowing brokers to focus on tailoring solutions for their clients’ unique needs.”
[RELATED: Bridgit launches 12-month loan term]
