Lloyds Bank announced as 2019 NACFB headline sponsor

Association welcomes Lloyds Bank as returning headline sponsor, enhancing specialist support for commercial finance brokers across the UK

 

The National Association of Commercial Finance Brokers (NACFB) today announces the return of Lloyds Bank as the trade body’s 2019 headline sponsor.

Building upon their support in 2018, the sponsorship will see Lloyds Bank partner with the NACFB to further promote the vital role the broker market plays for UK SMEs.

Andy Bishop, National Director of Business Development SME Banking at Lloyds Banking Group, said: “We are proud to sponsor the NACFB in 2019 to help deliver more education, innovation and value across this highly competitive market.

The NACFB’s commitment to transparency, not to mention their advocacy of the many benefits to customers of using a professional intermediary, is just one of many reasons why returning as headline sponsor was an easy decision for us.

At Lloyds Bank we pride ourselves on the relationships we have with NACFB Members and recognise that the bank they recommend to their clients is a reflection on them and their company’s reputation. As founding NACFB Patrons, we look forward to further enhancing our relationship with the Association and its Members.”

Graham Toy, NACFB CEO, added: “On behalf of everyone within the NACFB, we are delighted to have Lloyds Bank return as headline sponsor for the second time in their history.”

Graham continued: “Our mutual commitment to championing intermediaries, as well as our focus on supporting the delivery of positive outcomes for their clients, is hardwired into the DNA of both organisations.”

This stands us in good stead for the inevitable challenges we will face in 2019 and beyond, and I would like to extend my thanks to the Lloyds team for their ongoing support both to us and the broker market.

 

February’s issue of Commercial Broker is here

As a Valentine’s Day treat, you can now read the digital edition of February’s NACFB magazine below:

 This month’s issue dares to delve into how technology is impacting brokers and examines how such advances should be embraced by the lending community. The issue also features insight from the British Business Bank and UK Finance as well as analysis from a range of NACFB Patrons. 

Inside February’s NACFB Advisory Board

The NACFB Advisory Board: How the Association’s Directors are working for you

Your Advisory Board meet at least six times a year and following the appointment of the new Board at our last AGM, we have acknowledged that we need to exploit more opportunities to share with you, our Members and Patrons, the sort of things that we believe are important and that are on our agenda to help us deliver on our Vision and Mission

On Thursday 7th February the Board were tasked with addressing how we develop our external reputation and brand so that we have more of a voice and reach a broader audience. A number of valuable suggestions and initiatives were debated. You should see some tangible outputs as a result of this meeting with the team at 33 delivering enhancements to help our Members share the benefits of membership and demonstrate how this adds value to the broker client relationship. Many elements of this exist but need to be gathered into one place so we will be working on developing a toolkit for you to use.

It has been some time since we formally tested Member and Patron engagement so we will be embarking on an engagement survey. This will help direct our discussions at our next meeting.

Our programme of Minimum Standards review meetings have been discussed with a view to ensuring that they deliver value to all our stakeholders.

We have critiqued our communications platforms and agreed that we need to develop our expertise and output across the social media estate.

I hope this provides you with a taste of what we have been up to. Our engagement survey will provide you with an opportunity to tell us what you think so please use this opportunity to provide us with your feedback. 

We shall continue to share updates after each Advisory Board meeting in 2019.

Graham Toy

Chief Executive Officer 

 

Association launches enhanced lead generation platform

 

 

NACFB unveils findsmefinance web portal as key Member benefit

 

The NACFB has launched an enhanced online portal, findsmefinance, offering UK businesses access to the trade body’s membership of independent finance brokers.

Our free directory enables UK businesses seeking finance to simply filter their funding requirements by loan size, type and location and are then presented with a range of the Association’s commercial brokers to approach.

The lead generation platform is available to all SME’s and provides exclusive access to NACFB broker Members with the aim of offering an alternative route to finance for businesses that may have been turned away elsewhere.

All full NACFB Members are eligible to sign-up to our new platform and can do so in minutes – with approval taking less than 48-hours. Each NACFB broker then has an updateable online listing and can monitor SME engagement through the platform via an analytical dashboard.

 

 

Commenting on the launch of the Association’s findsmefinance platform, NACFB chief executive officer Graham Toy said: “Access to finance continues to be a key issue for UK businesses and we believe there is still a lack of awareness of the finance options available to SMEs.”

Graham continued: “In an era when some lenders are scaling back their face-to-face operations, the modern finance broker has inherited and enhanced the role of a local bank manager. Brokers are able to provide advice and products from a wide range of UK funders.”

NACFB Chair, Paul Goodman, said: “The Government’s bank referral scheme helped just 230 British businesses access £3.8 million of funding in its first nine months, meaning that only 2.8% of the 8,100 businesses referred through the scheme were able to draw finance. Our findsmefinance platform, powered by the NACFB, is targeting 5,000 SME searches in the first year alone.”

Paul added: “The site will seek to provide a lifeline to those left behind by providing access to a wide range of brokers, all of whom adhere to an industry recognised Code of Practice. If a business uses a broker with the NACFB logo, they know they’ll be using a knowledgeable, experienced and trusted advisor.”

For further enquires please contact Nicholas Murphy via findsmefinance@nacfb.org.uk

 NACFB brokers can register today via: findsmefinance.co.uk/join

Join the NACFB at 2019’s Commercial Finance Expo

Registration opens for the industry’s biggest commercial lending trade show

The NACFB Commercial Finance Expo, the UK’s biggest commercial lending trade show, returns for the tenth time to Birmingham’s NEC on Wednesday 19th June 2019.

 Visitors can register today via the event website at: www.commercialfinanceexpo.co.uk/register

The free event is open to anyone with an interest in commercial finance and 2019’s event will host a wider spread of exhibitors than ever before – with nearly 100 already confirmed to exhibit.

Delegates will have access to exhibitors offering finance products from the asset, buy-to-let, bridging, development, commercial mortgages, unsecured, and cashflow sectors.

This year’s NACFB Commercial Finance Expo takes place on Wednesday 19th June 2019 in Hall 3A at Birmingham’s NEC from 9:30am until 4:30pm.

The Commercial Finance Expo has become the headline event on the commercial finance calendar. Quite simply there is no better place for brokers to see all the lenders they work with under one roof on the same day.

We will be launching our dedicated mobile app, CFE2019, which will be available to download from March. It will allow delegates to schedule a meeting with an array of exhibitors and browse profiles of those attending in advance.

Graham Toy, NACFB CEO, said: “Our Expo is primarily about doing business. But it’s also the best place to build your network and to enhance your knowledge of the latest products on the market.”

 “We’ll be launching a full conference programme in the coming months, this will include pertinent debate topics with relevance to all modern finance professionals.”

 Find out more at: www.commercialfinanceexpo.co.uk