Between now and August 1, Dragonfly will select 10 key partners that will broker all regulated deals during the initial roll-out.
To ensure it can cope with the increased demand that will come with FSA approval, Dragonfly says it will be announcing some high profile industry hires in due course.
Jonathan Samuels, CEO of Dragonfly Property Finance, says: “To have received FSA approval is fantastic news for Dragonfly and as a fully authorised lender we intend to put our foot down even harder on the pedal.
“These days, it is harder than ever to get regulated and it is therefore a huge vote of confidence in our business model. It is also a credit to the entire team that the approval process took such a short time.”