Memery Crystal has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member.

The London-based full-service law firm acts for alternative finance providers by delivering advice on creative security structures, lending terms and the suitability of agreements, to help them develop their portfolios.

Memery Crystal also advises lenders seeking to raise finance through schemes such as corporate mini-bonds, listed bonds and crowdfunding.

CEO of the ASTL, Vic Jannels, commented: “I’m happy to welcome Memery Crystal as the latest associate member of the ASTL.

“When it comes to associate members, we always try to introduce new businesses that can offer something different and interesting to our lender members, and this is certainly the case with Memery Crystal, which offers a fresh take on the legal services it provides to the short-term lending community.”

Memery Crystal head of financial regulation, Daniel Tunkel, added: “We’re very pleased to be able to join the ASTL as an associate member. The firm’s practice has advised a substantial number of bridge and short-term lenders and finance arrangers, chiefly on how to operate outside the requirement for regulation.

“This is a sector whose efforts will be very much needed to inexpensively mobilise capital for rebuilding the UK economy after the coronavirus crisis, and we look forward to playing our part.”

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