CapitalRise has become the latest lender member to join the Bridging & Development Lenders Association (BDLA).
CapitalRise, the specialist property finance company founded in 2016 by luxury developers, offers bridging and development finance for projects ranging from luxury refurbishments to ground-up developments.
The BDLA is the UK’s only trade association dedicated to representing the interests of bridging and development lenders and their customers.
It now has more than 50 lender members, with a collective loan book of over £13bn, and its total membership including associate firms is fast approaching 100.
Vic Jannels (pictured), CEO of the BDLA, said: “We are delighted to welcome CapitalRise to the BDLA. Membership of our association demonstrates a strong commitment to responsible, specialist property finance and as our membership continues to grow, so does our ability to collectively influence key conversations with brokers, regulators, and policymakers.
“Together we can ensure that our sector remains robust, responsible and forward-looking.”
Lorenzo Satchell, director of sales at CapitalRise, said: “Joining the BDLA was a natural step for CapitalRise.
“We’re passionate about delivering smart, bespoke finance for high-end developments and believe in contributing to a more transparent and collaborative marketplace.
“The BDLA provides a valuable platform for lenders to shape the future of bridging and development finance, and we’re pleased to be a part of that.”
