FOR IMMEDIATE RELEASE
Jacob Therrien Joins the American Association of Private Lender’s Ethics Committee
Vernon, CT (April 21, 2023) – Bridge Loan Network is pleased to announce the appointment of our Business Development Specialist, Jacob Therrien, to the Ethics Committee with The American Association of Private Lenders (AAPL). The American Association of Private Lenders is the national organization that represents the private lending industry, providing education and networking opportunities for its members.
The Ethics Committee is responsible for continuously evaluating AAPL’s Code of Ethics to ensure that it is clear, complete, and relevant to the private lending industry. The committee also provides guidance to AAPL’s members on best practices and writes articles and presents webinars to articulate a framework of practice.
“I am honored to join the Ethics Committee with The American Association of Private Lenders,” said Jacob Therrien. “My goal is to provide valuable insights for the Ethics Committee using my knowledge and experience working with Brokers and Lenders from a technology perspective. This is something I know the Committee plans to leverage, as data protection and security become more of a hot topic in our industry.”
AAPL’s Code of Ethics is a living, breathing document that must change with the times to protect the viability of the industry. The Ethics Committee is charged with ensuring that the Code does not unnecessarily burden members with impractical expectations. Additionally, the committee treats all potential Code of Ethics violations with the utmost care, consideration, and gravity, while also shielding members from parties who seek to use AAPL’s investigation process to harass or express dissatisfaction in an otherwise ethical outcome.
“For Bridge Loan Network, being part of the AAPL Ethics Committee is about being an advocate for conducting business in the most ethical way possible,” said Jacob Therrien, when speaking on what being appointed to the Ethics Committee means for our company, Bridge Loan Network. “We are proud to represent all that AAPL and its members stand for. The company, through our involvement and efforts on the Committee will speak on ethical dilemmas faced in our industry, create guidance, and best practices, and bring forward ideas on how to better our industry for the future.”
“For myself, being a member of the Ethics Committee is one the biggest accomplishments in my career thus far,” said Jacob Therrien, when speaking on what being appointed to the Ethics Committee means personally. “To now have a hand in this Committee directly by bringing my personal experiences and ideas is something I am extremely proud of.”
AAPL is the only national private lending organization with a publicly accessible complaint process. The organization’s Code of Ethics is a critical component of its mission to promote and maintain the highest ethical standards in the private lending industry.
“I understand the importance of ethical behavior in the private lending industry, and I look forward to working with my fellow committee members to ensure that our Code of Ethics is effective in maintaining the highest standards of professionalism,” said Jacob Therrien.
The American Association of Private Lender (AAPL) is the national organization that represents the private lending industry, providing education and networking opportunities for its members. The organization’s mission is to promote and maintain the highest ethical standards in the private lending industry. AAPL has a membership of over 4,000 private lenders and service providers nationwide.
About Bridge Loan Network
Bridge Loan Network is a leading loan origination software provider for private lenders. Bridge Loan Network is dedicated to providing the private lending industry with the technology and support necessary to streamline the loan origination process. The platform offers a suite of tools that enable private lenders to manage their loan pipeline, communicate with borrowers and brokers, and process loans more efficiently.
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