This is the first trade body the specialist lender has joined since launching last year.
FIBA – which also launched last year – is already gaining significant traction in the market among intermediaries, brokers and lenders alike.
Adam Tyler, chairman of FIBA, said that Octane Capital was precisely the kind of lender it wanted as a partner.
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“With [its] productless loans, [it is] doing something entirely different and it’s no surprise [it is] seeing such strong demand from brokers.
“We look forward to working closely with them in the months and years ahead as we turn FIBA into the specialist property finance trade body of choice.”
Mark Posniak, managing director at Octane Capital (pictured above), added: “The third generation of specialist lending has really hit its stride, but we feel that joining a trade body as forward thinking as FIBA will accelerate awareness of what we do among introducers in every corner of the UK.
“FIBA has an energy and dynamism that other trade bodies lack and, under Adam Tyler’s leadership, will continue to gain both momentum and market share.”
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