TAB has joined the Bridging & Development Lenders Association (BDLA) as a lender member.
The real estate finance and investment platform was founded in 2018 and aims to cater to property projects that are not aligned with the stringiest criteria of traditional lenders.
Since then, TAB has expanded and its lending experience, diverse funding sources and nationwide reach enables it to offer finance solutions, as well as a range of investment opportunities, including fractional property ownership and fractional debt investments.
The BDLA represents the UK’s bridging and development finance sector, with membership to the association now exceeding 90 organisations, including lender members with a combined loan book of more than £10.3bn.
Chief executive officer at BDLA, Vic Jannels, said: "TAB is an exciting and forward-thinking addition to the BDLA’s membership and reflects the diversity and evolution we’re seeing across the bridging and development finance market.
"As the sector continues to grow and diversify – with new entrants, new structures, and increasingly bespoke funding solutions – the BDLA’s role as a representative voice for lenders of all sizes and specialisms has never been more important. With well over 90 lender and associate members, our influence continues to build, and it’s members like TAB that help ensure our association remains dynamic, future-focused, and representative of the innovation that defines this industry."
Chief risk officer at TAB, Jason Shead, added: "Being part of the BDLA reflects our dedication at TAB to professional standards, responsible lending and collaboration. We believe the bridging market has huge potential, and through the BDLA we look forward to contributing to industry discussions and activity that drive our sector forward and help us to support a growing number of borrowers to achieve their objectives."
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