Connaught Asset Management is the latest company to join the Association of Short Term Lenders (ASTL) as an associate member.

Other recent newcomers include Seddons Solicitors and borro.

The boutique asset manager offers investment opportunities and lending solutions secured against tangible assets to minimise investment risk.

It currently funds a number of specialist partners in the short-term lending market including Tiuta and Mayfair Bridging.

Adrian Bloomfield, the outgoing chief executive of the ASTL, said: “The ASTL welcomes its newest associate member Connaught