Magnet Capital, a distinguished specialist development finance lender, has recently teamed up with the Association of Short Term Lenders (ASTL), representing a notable addition to the organization’s list of lender members.
Vic Jannels, esteemed CEO of the ASTL, expressed his enthusiasm about Magnet Capital’s inclusion, stating, “I’m very pleased to welcome Magnet Capital as the latest lender to join the ASTL. Development finance is an important element of short-term property lending as it’s the driving force behind SME developers, who play such a key role in delivering the additional housing we so desperately need as a nation.” This statement reinforces the crucial role that development finance plays in addressing the housing needs across the nation and the pivotal contribution of SME developers in this endeavor.
Furthermore, Sam Howard, co-CEO and co-founder at Magnet Capital, emphasized the company’s dedication to upholding high standards and delivering on promises as a driving force behind the decision to join the association, “Magnet Capital’s experienced team of development finance experts is laser focused on delivering on what we promise. Our dedication to working with customers aligns with the ASTL’s commitment to high standards and we are delighted to become members of the association.” This commitment to maintaining transparency and consistently delivering favorable outcomes for customers resonates with the values that the ASTL stands for.
Similarly, Ashley Ilsen, co-CEO and co-founder at Magnet Capital, underscored the company’s focus on transparency and customer-centric practices, “At Magnet Capital, our focus is on consistently delivering the best outcomes for customers, and this aligns with one of the objectives of the ASTL. We pride ourselves on being transparent in all of our practices and this is why we’ve developed such a strong brand in the development finance sector over recent years.” Such dedication to transparency, coupled with a strong brand reputation in the development finance sector, illustrates Magnet Capital’s strong alignment with the values promoted by the ASTL.
As a professional organization committed to representing the diverse needs of all lenders in the sector, the ASTL’s inclusion of Magnet Capital as a new member reflects the association’s ongoing efforts to create a conducive environment for collaboration and excellence in the realm of development finance.
In conclusion, the addition of Magnet Capital to the prestigious roster of lender members within the ASTL signifies a significant milestone for the development finance sector. With its unwavering commitment to excellence, transparency, and customer-centric practices, Magnet Capital’s membership in the ASTL is poised to further elevate industry standards and contribute positively to the advancement of short-term property lending.
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