Exclusive: Bridging lender appoints Head of Underwriting

Exclusive: Bridging lender appoints Head of Underwriting




Specialist bridging finance provider Funding 365 has this week appointed a new Head of Underwriting to assist with its rapid growth.

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div>Specialist bridging finance provider Funding 365 has this week appointed a new Head of Underwriting to assist with its rapid growth.
 
Mark Slingo brings to Funding 365 a wealth of experience in the financial services industry, including 20 years of secured loan underwriting within the mortgage sector at lenders such as Kensington Mortgages, GMAC Residential Funding and Bank of Ireland Mortgages. 

Funding 365 Director, Michael Strange commented: “We’re extremely pleased to be welcoming Mark to the Funding 365 team at this exciting time in the company’s growth. His extensive experience in credit risk assessment and strong management skills make him a perfect fit for Funding 365.  Mark provides us with further capacity to handle credit intensive bridging enquiries in a time critical manner, helping to cement us as the industry’s fastest bridge loan provider.”

Funding 365 Ltd was set up in May 2013 by structured finance heavyweights Michael Strange, Jeff Stolz and Mike Jinn. The company was founded to create a unique bridge finance provider aiming to be the fastest in the market.

In the 11 months since, the team at Funding 365 has built up a highly diversified portfolio of first and second charge, 3-12 month loans secured against residential buy-to-let, commercial and development properties across England and Wales.
 

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