Specialist short-term lender Peninsula Finance has joined The Association of Bridging Professionals.

Peninsula, which formally launched in 2002, has roots in lending dating back to the 1920s. The lender has lent in excess of £120 million to SMEs, companies, partnerships and individuals over the past 13 years.

Daniel Palmer, CEO of Peninsula Finance plc, commented: “I am delighted that we have joined the Association of bridging Professionals. Peninsula has been an established since short-term lender for many years now and we see joining the AOBP as a key part of our growth plans as we strive to offer our flexible finance solutions to a wider broker audience.”

The Plymouth-based lender specialises in short-term lending, primarily secured on commercial property and accepts a wide range for security.

AOBP chairman and CEO of Brightstar Financial, Rob Jupp, stated: “It’s a pleasure to see our lender support base growing at such a healthy rate.

“Our Executive Committee members who met with Daniel and his team were impressed with their business model and knowledge of the market, making Peninsula a worthy addition to the Association.”