The integrated correspondent lending platform — which is headquartered in the US — funds small balance business purpose residential, multi-unit and mixed-use loans in the UK and America.

Toorak Capital is now the third organisation to join the ASTL in Q1 2020.

•   Masthaven launches new broker portal offering instant DIPs for bridging
•   Toorak completes £305m securitisation of residential bridging loans
•   Toorak Capital Partners hires CTO

“There are plenty of opportunities in the bridging market for lenders and brokers to provide solutions to consumers, and the commitment of capital providers like Toorak Capital Partners to [maintain] high standards will help to advance the reputation of our sector as it continues to grow,” said Vic Jannels, CEO at the ASTL.

Tim Marsh, director at Toorak Capital (pictured above), added: “We're excited to be a part of ASTL — they share our commitment to upholding the highest credit standards and customer service.

“As Toorak continues to expand its lender network across the UK, we look forward to working with ASTL and its members to advance the interest of short-term lenders and the borrowers they serve.”