Non-bank lender Bridgit has revealed the growth of its state-based distribution team in response to recent business expansion and rising demand. As the company enters the new financial year, it has seen an impressive increase of over 375% in broker applications compared to the previous year.
With the team expansion, Bridgit will be better equipped to provide exceptional, localized support to its network of more than 9,000 accredited brokers across multiple states.
Bridgit has appointed three new state-based Business Development Managers, doubling the team’s size to meet growing business needs:
- Jolene Farrow will serve as the Queensland Business Development Manager, operating out of Brisbane. She brings experience from WLTH, Loan Market Group, and St George Bank.
- Matthew Pride has been named the Victorian Business Development Manager, based in Melbourne. His background includes roles at ALI Group, Virgin Money Australia, and NAB.
- Lili Barron will take on the role of New South Wales Business Development Manager, based in Sydney. She joins from Deposit Power and has previously worked at ME Bank and Better Choice Banks.
The new hires will be part of Bridgit’s growing distribution team, which also includes Nik Thurgood as Senior Business Development Manager and Michael Balshaw as Regional Director for VIC, SA, and WA, in addition to the national broker support team.
Stephen Doyle, Bridgit’s Head of Distribution, emphasized the vital role brokers play in the current competitive market. With some properties being listed for just 33 days in certain states, brokers are essential in helping homeowners manage their next steps effectively.
Doyle emphasized that as Bridgit’s accredited broker network and inquiry volume grow, the expansion of the state-based distribution team is vital. This growth allows Bridgit to provide tailored, local support that addresses the specific needs of each area, helping brokers and homeowners alike.
The new team members bring extensive expertise and local market knowledge, which will be essential in achieving Bridgit’s goal of assisting more Australians in securing their ideal properties.
This development is another milestone for Bridgit, which recently secured $125 million in funding.
