Castle Trust joins the AOBP

The move, which brings the number of top-level Executive Committee and Associate Lenders to 23, is part of a strategic push by Castle Trust to play a larger role in shaping the direction of the ever-growing short-term finance market while utilising the network opportunities available.

The Associate Lender position gives Castle Trust direct access to the Executive Committee, an invitation and the right to raise questions and discussion points at quarterly meetings, as well as many other membership benefits.

Alex Upton, Director of Sales at Castle Trust, said:

“At Castle Trust, we are perhaps less well known as a bridging lender. But with first and second charge products which only charge a minimum of three months’ interest, the option to roll up part or all of the interest and an Express Service, we can design and deliver highly competitive bridging solutions to meet individual client needs.

“We are looking forward to working with the Association of Bridging Professionals to support and develop this very important market.”

Simon Juniper, Vice Chairman of the AOBP and Senior Business Adviser of Finance 4 Business, added:

“We are only as strong as our members, and it is imperative that we have firms with the industry knowledge of Castle Trust to help shape this hugely important finance sector.”

“Our membership numbers are increasing annually, at the turn of the year we had 22 affiliates, 32 lenders, now 33 with Castle Trust, and 790 brokers,” concluded Julian Ingall, Executive Committee member of the AOBP and Director at Coreco. “Our influence on legislation is growing through lobbying and our constant promotion of better education in this sector, all of which we use to improve the short-term finance market.”