Borro has hired two new sales managers.

They will report to Paul Brett, borro’s business development director.

The short-term asset lender is also actively seeking to recruit a further three sales specialists.

Narinder Khattoare spent three years at Paymentshield where he was a senior development manager and Stuart Pederson joins from the Hood Group where he held a similar position.

Paul Aitken, CEO at borro, said: “Borro is fully committed to the intermediary and professional adviser market and with the latest round of funding now in place