The mezzanine and global bridging finance provider has arranged more than £350m of funding for real estate and asset-backed transactions.

Reditum lends up to 70% of gross development value for mezzanine deals and recently announced it would be lending up to 80% LTV for bridging loans ranging from £600,000 to £20m for commercial and residential acquisitions, refinancing and development projects.

Tim Mycock, business development director at Reditum (pictured above), felt that being part of the ASTL was a well-valued attribute that it was proud to show its clients.

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“With the ASTL now part of our brand identity, our customers and potential clients can know they are dealing with a short-term lender that is steadfast to honesty, integrity and impartiality.

“The ASTL cements our commitment to deals with no hidden fees, protecting our customers against fraud and our dedication to transparency in lending.”

Benson Hersch, CEO of the ASTL, welcomed Reditum to its ever-growing list of members.

“The team at Reditum Capital are industry professionals who are well informed about the bridging and mezzanine finance sectors.

“Its extensive network of contacts, market expertise and its real estate experience as principals should benefit other members of the ASTL.

“The demand to become a member of the ASTL is not only a clear reflection of the growing role that bridging is playing in today’s market.

“It also allows the Association to continue representing responsible bridging lenders, while raising the standards of the bridging industry.”