Black & White Bridging has become the latest member to join the Association of Short-Term Lenders (ASTL).

Established in Bath in 2013, Black & White Bridging provides unregulated bridging finance for a variety of purposes including property acquisition, auctions, refurbishment, semi-commercial, development finance and development exits.

Vic Jannels, CEO of the ASTL, said: “I’m very pleased to welcome Black & White Bridging as the latest lender to become part of the ASTL and every lender that joins our ranks helps to give us a stronger voice in promoting the sector, engaging with policy makers and upholding standards.

“As an association, we also uphold standards, with a set of membership rules and a Code of Conduct to which all of our members must abide, with a key focus on transparency.

“This is a core value of Black & White Bridging and we look forward to working with them to further advance the reputation of our industry.”

Damien Druce (pictured), commercial director at Black & White Bridging, added: “At Black & White Bridging, we are committed to playing our part in making the specialist lending market more transparent.

“Continuing to put power into the hands of intermediaries, with a clear deal process and a focus on great customer service to build long-term partnerships, is at the core of what we do.

“We’re therefore delighted to become a member of the ASTL and look forward to working with the association and its other members in continuing to build the market in size and reputation.”