Orbis Protect joins Association of Short-Term Lenders

Orbis Protect has been announced as the latest organisation to join the Association of Short-Term Lenders (ASTL) as an associate member.

The ASTL, which is the only trade association dedicated to representing the interests of short-term lenders and their customers, is now approaching 50 associate members and has more than 40 lender members.

Firms that join the ASTL tend to work in the bridging and secured loan sectors and provide short-term loans and mortgages, often ranging between six months to a year.

Members of the association must abide by a code of conduct which requires them to disclose costs and fees up front with no small print or misrepresentation of product offerings, and not charge non-refundable fees which could be perceived as being excessive.

Orbis specialises in securing and maintaining vacant property on a national basis and in August 2022, acquired Veritas Property Management, a specialist void services provider, resulting in a wider service offering and greater national coverage for its customers.

Strategic commercial director at Orbis, Tim Hancock, said: “We’re here for the entire lifecycle of a property, with the expertise and ability to evict, secure, clean, monitor and protect from any intrusions. We have the capacity to cope with the largest national frameworks and portfolios, whilst still retaining our inherent customer focus and our ability to react swiftly to client requests.

“Our customer-centric approach has meant that we’ve doubled in size over the last three years, investing millions into our infrastructure, technology and people to best serve our customers. We’re delighted to be accepted as an associate member of the ASTL and look forward to building new relationships with lenders and helping to secure more properties with our wide range of services.”

CEO of the ASTL, Vic Jannels, added: “I’m really pleased to welcome Orbis as the latest organisation to become an associate member of the ASTL.

“Short-term lending is a vital cog in the property industry, providing a funding solution for a wide variety of circumstances, and it’s important that we work closely with other associated businesses to ensure we continue to deliver the best possible experience for customers.

“This is why associate members are so important to the ASTL, and our growing membership reflects the increasing number of like-minded businesses that want to demonstrate a commitment to high standards.”

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