Finance 4 Business (F4B) has announced a restructuring of its leadership team and the launch of a recruitment drive.

The restructure follows the news that Dave Fathers, sales director overseeing the bridging and development team, has parted ways with the firm.

Finance 4 Business founder and chief executive Russell Martin take control of the bridging and development team in order to mentor and guide the team.

The company will also be recruiting for a number of leadership roles as it responds to increased demand from brokers and consumers.

Martin said: “We’ve recently launched a major national radio campaign and this, along with a continued focus on developing relationships with our intermediary partners, has seen business levels grow significantly. This growth comes at a time when we’ve also bid farewell to our colleague and friend Dave Fathers who has moved on to pastures new so it makes sense to look at how we manage demand.

“My passion for bridging and development finance has never waned and I’m thrilled to take over the reins of responsibility in the interim while we ramp up our recruitment drive. I’d like to wish Dave all the very best in his new role.”

Dave Pinnington (pictured), director of intermediary relations at Finance 4 Business, added: “Dave was a big character at the company and during his time here, laid some decent foundations. Since Russell has become more involved there has been a real surge in activity, improved SLA’s and refined processes.

“Dave’s departure and the increase in demand we’ve witnessed in recent months have meant it makes sense to restructure the firm and I’m excited to see what the future holds for Finance 4 Business.”