Memery Crystal joins the ASTL

Memery Crystal has joined the Association of Short Term Lenders (ASTL) as an associate member.

The London-based, full-service law firm specialises in delivering advice on creative security structures, lending terms and the suitability of agreements to alternative finance providers.

Memery Crystal also advises UK companies seeking to raise finance through progressive schemes such as corporate mini-bonds, listed bonds and crowdfunding.

Vic Jannels, CEO at the ASTL (pictured above), commented: “I’m happy to welcome Memery Crystal as the latest associate member of the ASTL. 

“When it comes to associate members, we always try to introduce new businesses that can offer something different and interesting to our lender members, and this is certainly the case with Memery Crystal, which offers a fresh take on the legal services it provides to the short-term lending community.”

Daniel Tunkel, head of financial regulation at Memery Crystal, said the company was very pleased to be able to join the association.

“The firm’s practice has advised a substantial number of bridge and short-term lenders and finance arrangers chiefly on how to operate outside the requirement for regulation. 

“This is a sector whose efforts will be very much needed to inexpensively mobilise capital for rebuilding the UK economy after the coronavirus crisis, and we look forward to playing our part.”

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