Bridging lender Fiduciam has reached its target of hiring 25 new staff members in 2019, hiring 10 new people during the summer.
Its team now combines 15 nationalities speaking 21 languages. By the end of this year, it now expects to exceed both the number of hires and its loan book target, set out in its strategic plan in January, of £250 million.
Based in London, Fiduciam provides international lending of bridging loans. It started lending in Germany earlier this year, continues to expand its Dutch and Irish operations and has hired two additional senior business development managers in the UK.
Johan Groothaert (pictured), chief executive of Fiduciam, said: “We are very impressed by the quality and diversity of our new intake. We are very proud of our culture and our team – in fact they are the most important assets of our company. We celebrate the creativity and entrepreneurialism our young and diverse workforce brings us.”
The company also recently announced the expansion of its all-female Spanish team to eight, combining experienced underwriters and recent graduates, introducing bridge lending to Spain.