Fiduciam is the latest company to join the Association of Short Term Lenders (ASTL) as a member.  This addition takes the ASTL’s membership to 33.  The ASTL also has 23 associate members.

The pension-fund owned lender provides short-term secured loans to high-net-worth individuals, entrepreneurs and small to medium-sized enterprises, and is entirely funded by institutional investors.  Fiduciam specialises in first and second charge loans, bridging finance, Lombard finance and lends against receivables, property and different high-value assets.

Henrik Takkenberg, director at Fiduciam says, “The ASTL aims to ensure the highest standards of bridging lending are achieved.  It also works to promote the sector and focuses on its sustainability, and it is for these reasons that we wanted to be affiliated with the association.
“We look forward to creating strong working relationships with other members of the ASTL and sharing our own ideas, experiences and skills in order to make a valuable contribution to the association and help to shape the lending market.”

Benson Hersch, chief executive of the ASTL says, “The ASTL is pleased to welcome Fiduciam as its newest member.  Fiduciam brings fresh ideas, innovation, experience, knowledge and market intuition.

“This new partnership adds to the growing diversity of the association and helps us to continue strengthening our commitment to raising industry standards.”

Press release 13 January 2016