Weitzkorn joins from Goldman Sachs, where he was head of European mortgage sales, managing the team responsible for residential and commercial secured products.
Weitzkorn’s new role sees him take a stake in the business, as its other directors have done, and he will be responsible for leading sales and intermediary relationships. He will be working closely with business development manager Dawn Trustam.
He commented: “Bridging is a dynamic space to be in right now and I’m excited to be joining the team and applying my experience to the industry. I very much look forward to meeting with brokers and packagers – old and new – over the coming months.”
Mike Strange, director at Funding 365, commented: “I and the other directors at Funding 365 have known Paul for a long time. I worked with him at Goldman Sachs and Barclays Capital. Jeff Stolz worked with him at Goldman Sachs and Deutsche Bank, and Mike Jinn worked with him at Deutsche Bank. He’s an incredible professional as well as a great guy and we’re delighted to have persuaded him to join us.”
Funding 365 is a London-based lender, specialising in three to 12 month bridging loans from £100,000 to over £5m, secured against properties across England and Wales.