SOUTH WINDSOR, CT--(Marketwired - Aug 17, 2015) - RCN Capital® is pleased to announce that Managing Director Jeffrey Tesch has been appointed as the newest member of the American Association of Private Lenders' (AAPL) Ethics Advisory Committee.
The Advisory Committee, which consists of five total members, aims to formulate, adapt and enforce AAPL's Code of Ethics as the profession and laws evolve over time. The Code of Ethics is a formal framework of common principles and standards of practice that are to be followed by those who are members and certificate holders of the association.
"As the Managing Director of a company that holds itself to the highest standards, I have always admired AAPL's commitment to professionalism and integrity in the industry," says Tesch. "I am honored to be able to work with the other members of the Advisory Committee to uphold and apply the AAPL Code of Ethics."
Tesch replaces Jay Dackman, who resigned earlier this summer due to scheduling conflicts. His appointment is effective from March 23, 2015 through March 23, 2017.
To learn more about the AAPL Ethics Advisory Committee and the Code of Ethics, click here.
About RCN Capital
RCN Capital® is a national, direct private lender. Established in 2010, RCN provides short-term commercial loans ranging from $50k to $2.5M+ to fund the purchase of non-owner occupied residential and commercial properties, provide bridge loans, and provide real estate-backed lines of credit. RCN lends to experienced real estate investors, commercial contractors and small business owners throughout the country.
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