Tuscan Capital joins FIBA

The Financial Intermediary & Broker Association (FIBA) has welcomed Tuscan Capital to its lender panel.

The bridging lender — which launched in early 2018 and intends to double its loan book to around £100m by the end of its second year — specialises in non-residential mixed use, semi commercial and commercial finance, and traditional residential auction, bridging and refurbishment products.

“The team at Tuscan Capital is highly experienced in the bridging sector and has brought that pedigree with them,” commented Adam Tyler, executive chairman at FIBA.

“I, therefore, have no hesitation in recommending them to our members.”

Earlier this year, the lender exclusively revealed to Bridging & Commercial that it had secured a new funding line with a leading UK challenger bank worth £30m.

“With access to high-quality funding backed up by direct access to decision makers for enquiries and DIPS, Tuscan Capital has a proposition which is a perfect fit for FIBA members,” added Adam.

Colin Sanders, CEO at Tuscan Capital, said that joining the FIBA lender panel offered it the opportunity to work with professionals who were “dedicated to providing advice and funding solutions to SMEs”.

“We provide some of the most effective commercial and semi-commercial borrowing options, which I know will find a ready audience among FIBA members and we are looking forward to building relationships with them in the coming months.”

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