‘Product-less’ lender Octane Capital today announced it has signed up to FIBA (Financial Intermediary & Broker Association). It is the first trade body the lender has joined since launching last year.
FIBA, which opened its doors in early 2018, is already gaining significant traction in the market, among intermediaries, brokers and lenders alike. Octane’s announcement comes a day before it launches its UK roadshow in Birmingham on Sept 6th.
Mark Posniak, Managing Director, Octane Capital, commented:
“The third generation of specialist lending has really hit its stride but we feel that joining a trade body as forward-thinking as FIBA will accelerate awareness of what we do among introducers in every corner of the UK. FIBA has an energy and dynamism that other trade bodies lack and, under Adam Tyler’s leadership, will continue to gain both momentum and market share.”
Adam Tyler, Chairman, FIBA, added:
“Octane Capital are precisely the kind of lender we want as a partner. With their product-less loans, they’re doing something entirely different and it’s no surprise they are seeing such strong demand from brokers. We look forward to working closely with them in the months and years ahead as we turn FIBA into the specialist property finance trade body of choice.”