Bridging lender, Kuflink, has announced the appointment of Ranjit Narwal as head of origination.
He is tasked with building up Kuflink’s presence in the intermediary focussed short term lending market and will report directly to Kuflink’s CEO, Narinder Khattoare.
Narwal (pictured) joins the Kent-based bridging lender with over 35 years’ experience in the financial services market having started in the life insurance sales sector. He then moved to the mortgage market and learnt all aspects of mortgage lending before concentrating on underwriting at specialist lender Mortgage Express and broker sales at igroup. He also has hands on experience of the second charge channel with Endeavour Personal Finance.
Khattoare said: “Kuflink started life as a bridging lender in 2012 and has grown organically. In 2016, we launched our P2P platform to attract private investors to fund the bridging loans we offer.
“Its success means that we can now concentrate on growing our presence in the intermediary bridging market, which is why I am delighted to welcome Ranjit Narwal, who is charged with developing our introducer base and bringing the Kuflink brand to a wider broker audience.”
Narwal added: “Kuflink historically has a strong reputation for getting bridging and development finance cases done but had become something of a well-kept secret for brokers in the know, as the business concentrated on developing its P2P platform.
“Kuflink is one of very few bridging lenders that does not rely on corporate funding and has a close knit team with a huge amount of lending experience. These are the reasons why I am so excited to be asked to join and take on the role of turbocharging Kuflink’s short term lending presence in the broker market.”