London Credit, a provider of business-purpose bridging loans, has joined The Association of Short Term Lenders (ASTL) as a member.
London Credit, formerly Consulco Finance, was established in 2010 and has offices in north and central London. A member of the Consulco Group, London Credit is a London-based lender that provides bridging finance loans to British and overseas-based borrowers and business owners.
Marios Hajiroussos, director of London Credit, said: “Being part of a group of like-minded businesses which strive to set and follow good practices in the bridge lending market is very important. We have been in this industry for over seven years and have experienced its evolution which carried both challenges and opportunities.
“This will enable us to substantially contribute to ASTL’s operations in voicing the issues that the market is facing. Our team at London Credit are excited to be joining the ASTL and look forward to a fruitful membership.”
Benson Hersch, chief executive of the ASTL, added: “London Credit are the third business to join the ASTL in recent weeks and their wealth of knowledge and experience in the bridging finance sector is an asset that will strengthen our growing membership. We are delighted to welcome them to the ASTL.”