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Why become a Patron?
For organisations who work with brokers, but who aren't brokers themselves, patronage of the NACFB offers you the opportunity to work with, and market to, our membership.
The National Association of Commercial Finance Brokers (NACFB) was established in 1992 in response to the growing incidence of fraud. The NACFB is the national trade body for brokers who arrange finance for businesses. NACFB members work across the whole commercial finance sector and operate in areas such as commercial mortgages, leasing and asset finance, factoring and invoicing, vehicle finance, and buy-to-lets.
The NACFB works to encourage best practice in a largely unregulated sector of the market. These standards are published within an industry recognised Code of Practice and have been adopted by an increasing number of commercial finance brokers. Our Code of Practice has been formally recognised by the Office of Fair Trading since 1994.
The NACFB makes comprehensive and ongoing due diligence checks on our members, so we can put you in touch with good, reliable commercial finance brokers who have a proven track record.
Our CEO Adam Tyler would be happy to discuss patronage further if you would like to submit a completed application form, please click here
NACFB Patrons enjoy:
- a listing on the NACFB website for broker referrals, and use of our logo
- invitations to a full diary of free roadshows, training events and networking opportunities across the whole of the UK throughout the year
- direct access to approximately 1000 individual Commercial Finance brokers that are NACFB members
- a listing on the Small Business Finance Directory (www.smallbusinessfinancedirectory.co.uk)
In addition, the NACFB is a spokesperson for its members and the Industry.
We have a Continuing Professional Development plan, which will encourage our members to demonstrate 35 hours of relevant study per year. NACFB events count towards the cumulative study time. This initiative ensures our members have broad-ranging and recent experience in the commercial finance market.
We have recently introduced a new examination: the Certificate in Business Banking and Conduct (CertBB&C).
The qualification will cost £155 (going up to £160 in June 2013) and consists of two units: principles of business banking and providing solutions to business banking customers. The exam will include a section covering bridging finance. Some members will be exempt if they hold ACIB qualifications already, and brokers with the CeCM are exempt from having to take the exam. All brokers wishing to join the NACFB will have to pass the exam within six months of being accepted to the association.
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