The Financial Intermediary and Broker Association (FIBA), part of SimplyBiz, has announced that its members will now have access to TFG Capital’s full proposition, as it becomes the latest lender partner to join the trade body.
The Funding Gap (TFG) was established in August 2014 to provide companies and high net worth individuals with a route to available funding in a difficult and increasingly risk-averse market.
With an objective to tackle the funding gap, TFG has provided more than £150m to its clients since inception, supporting businesses across the UK with bridging loans and short-term business loans.
The range of lending is for all types of property investors that require commercial or residential property finance, including buy-to-let portfolios and HMO assets.
FIBA executive chairman, Adam Tyler, commented: “I am absolutely delighted that TFG Capital has taken the decision to join FIBA at this moment in time. As a lender, it is showing strong confidence in our membership and I am really looking forward to enhancing our relationship in the years to come.”
TFG Capital founder, James Mortimore, added: “I very pleased to be joining FIBA as a lender and funder partner. We know that our offering of flexible and competitive terms, with a straightforward approach and ability to work to tight timescales, provides a level of comfort and certainty that that will align with the aims of FIBA members and their funding requirements.”
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