Market Financial Solutions (MFS) has appointed Ewan Duncan as its new business development manager.
Duncan has joined the bridging lender from UK Property Finance, where he was also a BDM. Before to that, he worked at Edward Bond Wealth Management.
It means MFS has now added four new BDMs to its team since the end of the 2018. Duncan follows Charles Creak, Samantha Graydon and Ian Miller-Hawes through the doors of MFS’ Mayfair office.
The company’s expansion comes amidst growing demand for its bridging loans from clients and brokers across London, the South East and the Midlands.
Other notable milestones for MFS in 2019 include securing a new £100 million funding line with a global investment bank, and earlier this month the firm announced the completion of its largest ever loan – £17.6 million was issued to support a limited liability partnership’s acquisition of a portfolio of properties in central London valued at £27.1 million.
Paresh Raja, CEO of MFS, said:
“We’re delighted to welcome Ewan to the MFS team. We’re keen to remain on the front foot and reinforce our position as one of the UK’s leading bridging lenders – bringing on board talented, experienced and personable BDMs like Ewan is an essential part of this process.
“Ewan will be responsible for helping to grow MFS’ loan book by building relationships with private clients and brokers requiring fast access to capital. What’s more, in bolstering our team yet further, Ewan will ensure MFS remains equipped to handle even the most unique and complex bridging loan enquiries.”
Ewan Duncan, pictured, added:
“I’m really pleased to have joined MFS. At a time when some bridging lenders have become hesitant amidst Brexit uncertainty, MFS continues to push onwards – it’s exciting to be part of an expanding team and I hope to contribute to the business’ growth in the months and years ahead.”