The Association of Short Term Lenders (ASTL) has announced two new associate members.

The pair are Seddons Solicitors and borro, taking the total number of associate members of the ASTL to 18.

Seddons is a central London law firm specialising in property, disputes and corporate law.

Borro is a personal asset lender offering loans of up to £1 million secured against valuable assets including fine art and antiques, jewellery, luxury cars and more.

The outgoing chief executive of the ASTL, Adrian Bloomfield, said: “We would like to welcome our new associate members. Each has something different to add to the trade body and I believe that not only will each of the new members benefit by being a part of the ASTL but the trade body will also be stronger as a result.””