Tuscan Capital, the recently-launched bridging lender, will become a patron of the National Association of Commercial Finance Brokers.
The lender, which launched to market in February this year, said it was an early ambition to associate itself with the NACFB but wanted to lay the foundation of a successful first quarter’s trading before applying for valued patron status.
Colin Sanders, chief executive and co-founder of Tuscan Capital, said: “I’ve worked with the NACFB in previous business lives and consider it to be one of the sector’s pivotal organisations.
“Never standing still, the Association has sought to deliver tangible benefits to its members and Patrons alike while striving tirelessly to improve broker education and standards. It also continues to demonstrate its effectiveness as a powerful lobbying voice on behalf of the whole industry.
“As a broker-centric lender with a sharp focus on providing competitive funding via a simple and uncluttered approval process, it was never going to be a difficult decision for us whether or not to apply for Patron status at the earliest opportunity.”
Sanders added: “But given the demanding requirements rightly insisted upon by the Association we never took our approval for granted.
“We are therefore absolutely delighted to have been accepted as a Patron, and will play our full part in adding to the success story that bridging continues to be for both brokers and lenders alike.”
Tuscan Capital offers non-regulated residential bridging finance throughout England and Wales on both a conventional and non-conventional basis.
Graham Toy, chief executive of the NACFB said: “We are delighted to welcome onboard Tuscan Capital as a Patron of the Association. We are entirely confident that Tuscan Capital bring with them to market greater product diversity and further options for our broker members.”
Graham added: “We will partner Tuscan Capital to foster professional expertise, embracing the highest industry standards, enabling them to engage with brokers in order to help UK business prosper.”