TAB has joined the Bridging & Development Lenders Association (BDLA) as a lender member.

TAB is a whole life cycle, real estate finance and investment platform to cater to property projects that are not aligned with the criteria of traditional lenders.

BDLA membership now exceeds 90 organisations, including lender members with a combined loan book of more than £10.3bn.

TAB chief risk officer Jason Shead says: “Being part of the BDLA reflects our dedication at TAB to professional standards, responsible lending and collaboration.”

“We believe the bridging market has huge potential, and through the BDLA we look forward to contributing to industry discussions and activity that drive our sector forward and help us to support a growing number of borrowers to achieve their objectives.”

BDLA chief executive officer Vic Jannel adds: “TAB is an exciting and forward-thinking addition to the BDLA’s membership and reflects the diversity and evolution we’re seeing across the bridging and development finance market.”

“As the sector continues to grow and diversify – with new entrants, new structures, and increasingly bespoke funding solutions – the BDLA’s role as a representative voice for lenders of all sizes and specialisms has never been more important.”

Last month, it was announced that Together had joined BDLA.