The Bridging & Development Lenders Association (BDLA) has announced that Albatross Lending Group has joined its ranks as a lender member.

The specialist lender provides short-term property finance and secures funding for UK SMEs.

Its property finance division works with individuals, companies and overseas borrowers across a range of residential and semi-commercial funding needs, while its SME division supports viable businesses seeking finance for growth, investment, acquisitions, working capital, refinancing and restructuring.

The BLDA represents bridging and development lenders and the customers they serve. It works to promote high standards across the sector, while giving members a clear voice with government, regulators and the wider property finance industry.

CEO at the BDLA, Adam Tyler, said: "Specialist lenders have an important role to play where transactions require speed, flexibility or a more individual approach to underwriting when it comes to lending on property or providing SME finance. We’re really pleased to welcome Albatross, which operates both of these areas, and its experience will add another useful perspective to our lender membership.

"A key part of the BDLA’s work is ensuring that the practical experience of lenders informs our engagement with brokers, regulators, policymakers and wider stakeholders. We look forward to the Albatross team contributing to those conversations."

Chief operating officer at Albatross Lending Group, Joshua Field, added: "At Albatross, we have always placed the customer journey at the centre of how we operate, combining a commercial approach to lending with clear communication and direct access to decision-makers. Joining the BDLA is a natural next step as we continue to grow, giving us the opportunity to contribute to the conversations shaping our sector.

"We look forward to sharing our experience, learning from fellow members and working together to support high standards across specialist lending."

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