"It was a natural progression for us to join the ASTL and demonstrate our commitment to the high standards it demands from all of its members."
Vector Capital has become the latest lender to join the Association of Short Term Lenders (ASTL).
Vector Capital specialises in finance for land and property development, bridging loans and secured business finance. The Group was established in 1978 and has extensive experience in backing developers and property entrepreneurs.
Ross Andrews, chairman of Vector Capital, said: “At Vector Capital, we have many years’ experience of providing unregulated bridging finance to property investors, developers and entrepreneurs, during which time we’ve maintained a reputation for service excellence. So, it was a natural progression for us to join the ASTL and demonstrate our commitment to the high standards it demands from all of its members.”
Vic Jannels, CEO of the ASTL, commented: “I’d like to welcome Vector Capital to the ASTL. As with all of our members, by joining the ASTL, Vector Capital is demonstrating its commitment to upholding and promoting our Code of Conduct.
“The Code of Conduct is a kitemark of quality throughout the industry and I would encourage all brokers seeking a short term lending solution for their clients, to look for ASTL membership as a badge of quality.”