Bridging lender TAB has appointed two new members of staff to its sales team.

Harry Dugg joins as business development manager from Interbridge Financial, where he was a national relationship manager, overseeing sales targets for regional account managers and helping to maintain relationships with key clients.

He has 14 years’ experience within specialist property finance and in his new role at TAB he will be focussing on supporting existing clients and acquiring new business, reporting to sales director Nick Russell.

Samuel Morris has been appointed as a lending associate and joins with eight years of property industry experience.

Most recently he worked at Magnet Capital, where he was responsible for originating loans to fund residential projects. 

Prior to this, he held positions at various property companies, including an auction house and a property investment firm.

It comes after TAB announced earlier this month that it had secured a funding line with a private equity firm for residential and mixed use bridging loans and development finance.

Dugg says: “The new funding line allows TAB to become more competitive with our pricing and expand our product offering – I’m excited to be joining the business now at what feels like a pivotal point in the company’s growth.”

Morris says: “I am already seeing where my approach to lending aligns with TAB’s, in that every deal should be assessed on its own merits – no two loans are ever the same.  

“We take a pragmatic approach to the work we do and provide complete transparency through our decision-making process.  

“I look forward to introducing TAB’s products to my network and being a part of the next phase of its growth.”

TAB founder and chief executive Duncan Kreeger adds: “Harry and Sam will help accelerate TAB’s expansion into other parts of the market.  

“Their appointments not only reflect that we are responding to borrower demand – but also our ambitious plans to grow the business, as reflected by the recent funding line we secured.”