FRP Advisory joins the ASTL

FRP is a national business advisory firm that specialises in corporate finance, debt advisory and restructuring services.

Benson Hersch, CEO of the ASTL, said: “FRP Advisory is well established across a number of major regional business hubs and, with its experience in a diverse set of specialist industries and markets, it is a very welcome addition to our membership.”

The firm works with clearing banks, alternative lenders and short-term lenders and will partner with ASTL to provide advice to directors, shareholders and other investors.

“The desire to always do the right thing is a shared value that binds FRP Advisory with the ASTL and our fellow members,” said Steve Williams, partner at FRP Advisory, based in its Preston office.

“The ASTL has proved to be a safe port amid any perceived turmoil within the wider lending market and offers a focal point for best practice within the short-term lending industry.

“This includes the promotion of ethical business practices that underpin the stability and prosperity of this crucial market.

“With an established standing in the short-term lending market and a growing membership, the association's importance for the sector is set to grow yet further over the years to come.

“The ability to create a sense of community is vital for the establishment of a sustainable trading environment, which has integrity at the heart of its value system.

“We look forward to contributing to that ongoing process through our membership of the ASTL.”

The ASTL recently welcomed Reditum Capital as a member and Allegiance Insure and Moorfields Advisory as associate members.