Hilco Real Estate Finance (HREF) has joined the Association of Short-Term Lenders (ASTL).

HREF provides property finance solutions across various real estate sectors and capital structures.

It offers short-term loans for growth, acquisition opportunities, development exits, and refinancing exits with loan sizes ranging from £1m to £50m+ and loan-to-values (LTVs) up to 75%.

The ASTL now has 45 lender members and 44 associate members.

ASTL chief executive Vic Jannels says: “I’m delighted to welcome Hilco Real Estate Finance as the latest lender to join the ASTL. Our membership is now at the highest level it has ever been, which is a testament to the increasing importance and reputation of the bridging and development lending sector.”

HREF director Adrian Hogan adds: “As we continue to grow our presence in the short-term mortgage lending market here in the UK, it’s vital that we play an active role in the sector. Already, our flexible approach and ability to assess each borrower’s scenario on its individual merits is resulting in a strong pipeline of lends.”

“With the ASTL having established a reputation as a body whose members operate to the highest possible standards, being accepted is a real stamp of approval.”