Founding member rejoins ASTL

Affirmative Group has re-joined the Association of Short Term Lenders. The lender provides short-term finance for residential and commercial borrowers

Affirmative Group has re-joined the Association of Short Term Lenders.

The lender provides short-term finance for residential and commercial borrowers, and specialises in development and structured finance in both regulated and unregulated markets.

It helped found the ASTL alongside 18 other firms in 2008.

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Benson Hersch (pictured), chief executive of the ASTL, said: “We continue to welcome lenders that are open to helping to progress and promote the positive reputation of bridging finance and it is great to see a founder member returning to the association.

“Affirmative has substantial experience in the short-term finance market and well over 100 years of combined experience in lending and financial markets.

“I am confident that it will once again make a valuable contribution to the association and its members.”

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