CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Shawbrook Bank becomes the latest member of the ASTL
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Shawbrook Bank becomes the latest member of the ASTL PDF Print E-mail
Tuesday, 01 March 2016

Shawbrook, one of the biggest names in the specialist mortgage sector, joins the Association of Short Term Lenders (ASTL), taking the membership to 34 alongside its 23 associate members.

The specialist UK lending and savings bank which offers competitive rates for asset finance, savings accounts, mortgages and loans was founded in 2011 to serve the needs of SMEs and individuals across the country with a range of lending and saving products. The group now has five lending divisions consisting of commercial mortgages, asset finance, secured lending, business credit and consumer lending. It launched into regulated bridging in October last year.

The news comes just weeks after it was revealed that bridging loans written by members of the ASTL were up 14 per cent in 2015.

Karen Bennett, sales and marketing director at Shawbrook says, “We entered the short term market shortly after our launch five years ago. In that time we have seen the ASTL go from strength to strength working hard to raise standards in the bridging industry, and we were delighted to see the addition of the MCOB inducement rules to the Code of Conduct in 2015 It is testament to their success that we are now happy to join the organisation, confident that we will be meeting with a number of like-minded lenders working together to raise the profile of the sector and the valuable role that it plays in today’s lending market.”

Benson Hersch, chief executive of the ASTL says, “Shawbrook has an excellent reputation in the bridging industry. It has stood out as a genuine challenger bank, not only in bridging but increasingly in more mainstream areas of lending too and we are very pleased to welcome them as a member.

“Similarly to the ASTL, Shawbrook understands the importance of building strong relationships with brokers, clients and other business partners while ensuring the highest industry standards are adhered to. Shawbrook’s industry knowledge and experience will make them a welcome addition to the ASTL and will contribute to the association’s growing diversity.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197