Jake McCausland has been hired to lead London Credit’s launch into development finance lending, which is pegged for later this year. 

He previously worked at Wellesley Finance and Fiduciam. 

London Credit has also appointed Wesley Hawthorn as a senior business development manager (BDM) to support the lender in establishing its development finance division and growing its market presence. 

Hawthorn also has experience in the sector and previously worked at LendInvest as a portfolio manager, Lendhub, and most recently at Fiduciam as head of development finance. 

Drena Gashi has also been made senior BDM and is originally from New York City. She has held a number of roles at the likes of JPMorgan Chase as a lending specialist, Crystal Specialist Finance as a corporate sales director and Catalyst Property Finance as its London key account manager. 

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Gashi has worked in roles relating to commercial and residential lending, investments, property transactions and client relationship management. 

Marios Theophanous (pictured), credit manager at London Credit, said: “We are delighted to welcome Jake, Wesley, and Drena to the London Credit team. Their exceptional backgrounds and proven track records in the finance industry signal our ongoing growth and ambition in the UK bridging and development market. With their expertise, we are confident in our ability to expand our service offerings and deliver even greater value to our clients.

“This is an exciting time for London Credit, and we look forward to the contributions our new team members will make in driving our success.” 

London Credit currently offers bridging loans from £100,000 to £3.5m on residential, commercial and semi-commercial properties in London, the South East and major cities, with terms from three to 18 months. 

Last month, it added a hybrid buy-to-let (BTL) product option to its range to help investors with the uncertainty in the market.