Saible has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member.
Saible is a payment system that ring-fences funds and protects them at each stage of a project.
Saible aims to reduce risk by protecting funds for a project and its supply chain, and enables payments to be managed efficiently, with a complete audit trail.
The BDLA currently has 43 associate members and 45 lender members, with combined loan books exceeding £9.1bn.
Vic Jannels (pictured), CEO of the BDLA, said: “We’re excited to welcome Saible as the newest associate member of the BDLA.
“The growth of our membership reflects the ongoing strength and innovation within the bridging and development lending industry.
“Each new member enhances our collective influence and demonstrates their dedication to advancing the sector.
“Saible’s innovative approach aligns perfectly with our mission to promote excellence and collaboration among members, ultimately benefiting our industry and its customers.”
Jarvey Moss, CEO of Saible, said: “Development finance is riskier than it should be.
“Saible’s Digital Parallel Payment accounts reduce risk for lenders, borrowers, and the supply chain.
“Our membership of the BDLA demonstrates our commitment to collaboration and promoting best practices in bridging and development lending.”
