âTheir appointments reflect not only the fact that we are responding to borrower demand, but also our ambitious plans for growing the business, as evidenced by the recent line of funding we secured. “
Short-term lender TAB has announced the appointment of two new staff. Harry Dugg joins us as Director of Business Development while Samuel Morris has been appointed Lending Partner.
Dugg has been working in the field of specialist real estate financing for over 14 years. Most recently, he worked as a national relations manager at a short-term lender where he planned and oversaw sales targets for regional account managers and nurtured client relationships. His role at TAB will be to help existing clients meet their needs, acquire new clients and build relationships.
Morris has eight years of experience in the real estate industry and two years in real estate finance. He joined TAB from a development finance lender, where he was responsible for providing loans to support the acquisition and development of residential projects. Prior to that, he held positions in various real estate companies, including an auction house and a real estate investment company.
Earlier this month, TAB announced that it had secured a line of finance with a private equity firm to fund residential and mixed-use bridging loans and development finance.
Loan associate Sam Morris said: âThis is the perfect time to join the TAB team. TAB’s increasingly diverse product range allows us to find a tailor-made solution for each case. I can already see where my approach to lending aligns with that of the TAB, in that every transaction has to be evaluated on its own merits – no loan is ever the same. We take a pragmatic approach to the work we do and provide full transparency throughout our decision-making process. I look forward to introducing TAB’s products to my network and being a part of TAB’s next phase of growth.
Harry Dugg, Director of Business Development, said: âThe new line of financing allows TAB to become more competitive with our pricing and to expand our product offering – I am delighted to join the business now at what appears to be a pivotal point in the growth of the business. With TAB’s wide range of competitive products and a fast, transparent and competitive transition service, I am eager to make a real dent in the market.
Duncan Kreeger, Founder and CEO of TAB, added: âHarry and Sam will help accelerate TAB’s expansion into other market segments. Their appointments reflect not only the fact that we are responding to borrower demand, but also our ambitious plans for growing the business, as evidenced by the recent line of funding we secured.