Johnson previously held the position of head of compliance at Glenhawk and will now oversee the implementation of the group’s business strategy alongside managing day-to-day operations.

He joined the firm in 2018 and has over 15 years’ experience in the short-term finance industry.

Having joined in 2017, Hilton is also an internal promotion and in his new position he will be responsible for lending over £650m of residential and commercial bridging finance.

Guy Harrington, chief executive of Glenhawk, said: “Nick’s market leading understanding of the short term finance space has been key to understanding the needs our borrowers and the evolution of our offering, whilst Damani has ensured that the business is aligned with the needs of our funding partners.

“These promotions will help us to continue delivering excellent client service, and as the vaccine roll out gathers pace, we expect both homeowner and professional investor activity to continually pick up, which will support our ambitious 2021 lending target.”

Johnson added: “As the non-bank lending sector continues to mature, we have focused on ensuring Glenhawk is leading the way in both the implementation of institutional style systems and processes whilst ensuring that we provide the optimum environment for our growing team to continue excelling.”

Hilton said: “Demand for fast and flexible short term lending solutions continues to trend upwards, and with our institutional backing and growing team, we are well positioned to meet the needs of borrowers who continue to prioritise certainty of funding and deep sector expertise.”