Acre Lane Capital joins ASTL

Acre Lane Capital has joined the Association of Short Term Lenders (ASTL).

Acre Lane Capital offers development and bridging finance for a range of purposes, including light and heavy refurbishment, property investment, auction purchases, development exit loans and bridging out of receivership.

Vic Jannels, CEO at the ASTL (pictured above), said: “As with all of our members, Acre Lane Capital has demonstrated a commitment to customer focus, high standards and transparency. 

“I would encourage all brokers seeking a short-term lending solution for their clients to look for ASTL membership as a badge of quality.”

Ian Wilson, CEO at Acre Lane Capital, commented: “At Acre Lane Capital, our guiding principles are to act ethically and to deliver on what we promise, and so it was a natural fit for us to become members of the ASTL, which promotes high standards throughout the industry. 

“We believe in partnerships and transparency, and so when we issue [our] DIP, we will make best efforts to honour those terms and do as we say, unless the risk changes. 

“We don’t deliberately promise unachievable deadlines that can’t be met and, where a borrower has been communicating and the risk is rational, we are able to offer extensions. 

“We are looking forward to working with the ASTL and other members to grow the availability and reputation of bridging and development finance to a wider range of customers.”

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