Lowry Capital quits ASTL

The ASTL released the following statement today: “Lowry Capital Limited has resigned its membership of the Association of Short Term Lenders.”

But on further investigation, ASTL chief executive Adrian Bloomfield was tight-lipped about Lowry’s departure from the trade body while Lowry refused to provide a comment or reason.

The move comes two weeks after Lowry Capital announced it had streamlined its legal process to ensure the quickest possible bridging service.