All posts by Nicholas Murphy


Over 750 people attended the NACFB’s record-breaking Gala Dinner and Awards Ceremony on Thursday November 28th 2019, rounding off a bumper year for the Association in both grandeur and style.

A selection of photos from the evening will be posted here shortly, or you can see a selection of photos posted socially by tracking the event hastag #NACFBGala and #NACFBAwards

The NACFB Awards Ceremony provides an annual opportunity for the Association’s brokers to recognise Patron lenders. What makes the NACFB Awards Ceremony different from others in the industry is that there is no fixed shortlist, so there can often be unexpected results from the voting. 

The full 2019 NACFB Awards roll of honour is…


Soft Asset Provider of the Year –  Sponsored by Asset Finance Solutions

Winner: Investec Asset Finance 


Hard Asset Provider of the Year –  Sponsored by Asset Finance Solutions

Winner: Aldermore


Motor Finance Provider of the Year

Winner: Black Horse


Factor & Invoice Discounter of the Year – Sponsored by Goodman Corporate Finance

Winner: Bibby Financial Services


Unsecured Lender of the YearSponsored by Synergy Commercial Finance 

Winner: Funding Circle


Short-term Lender of the YearSponsored by Commercial Mortgage Solutions

Winner: Shawbrook Bank


Specialist Lender of the Year 

Winner: LendInvest


Most Innovative Lender of the Year

Winner: Esme Loans


Development Lender of the Year – Sponsored by Stonehouse Property Finance

Winner: Aldermore


Buy-to-Let Lender of the Year – Sponsored by Mortgages for Business

Winner: LendInvest


Commercial Mortgage Lender of the Year – Sponsored by Commercial Finance Brokers UK

Winner: Lloyds Bank 


Business Bank of the Year – Sponsored by White Rose Finance

Winner: NatWest


Rising Star Winner

Winner: Kim McGinley of VIBE Finance 


NACFB Patron of the Year: Sponsored by Watts Commercial 

Winner: Aldermore


Association announces CLIC Sargent as inaugural charity partner

Tie-up sees the NACFB seek to help improve the lives of children and their families impacted cancer

The Board of the NACFB have selected CLIC Sargent, the leading children’s cancer charity, as the Association’s new charity partner.

The partnership, which started on 1st October 2019, will last for one year and will see fundraising activities take place to support the UK charity’s work at the Gala Dinner and Commercial Finance Expo as well as at regional events and at our Eastcheap headquarters.

The NACFB team have set themselves the ambitious target of raising £30,000 towards the charity’s efforts over the next twelve months.

CLIC Sargent is the UK’s leading cancer charity for children, young people and their families. Its care teams provide specialist support across the UK.

The charity supports people from diagnosis onwards and aims to help the whole family deal with the impact of cancer and its treatment, life after treatment and, in some cases, bereavement.

The charity also undertakes research into the impact of cancer on children and young people. It uses this evidence to raise awareness and to seek to influence government and policymakers, and those who provide public services across the UK.

Commenting on the partnership Graham Toy, NACFB chief executive, said: “This is a really worthy new partnership and we are delighted to be supporting CLIC Sargent in 2020.

“CLIC Sargent’s aim is for everyone under 25 with cancer, and their families, to receive the support and help they need during their treatment and beyond, including bereaved families living with emotional pain.”

Paul Goodman, chairperson of the NACFB, recognised the challenging work CLIC Sargent undertakes: “There are few occasions more devasting than witnessing a child bravely battle the terrors of cancer.

“CLIC Sargent is a wonderful charity that provides direct care to those suffering, this includes compassion and understanding for the parents who fight the disease alongside their child.”

Helen Lam, CLIC Sargent Fundraising Engagement Manager said: “We are absolutely thrilled to be working with the NACFB and that they have joined the fight to support children and young people with cancer. We can’t wait for the year ahead and to work closely together to ensure that children and young people with cancer, thrive not just survive.”

You can find out more about the NACFB’s chosen charity partner via

Alternatively, you can donate directly via our JustGiving page

NACFB end of year survey – with two chances to win £250

What a year this has been, and it is far from over yet. It is said that there are decades where nothing happens; and there are weeks where decades happen – and now we want to hear from brokers on how 2019 in our sector has been for you.

The NACFB end of year survey is designed to assess progress across the commercial lending industry in the last twelve months and is open to all commercial brokers. The survey takes less than three minutes to complete with all responses then collated and anonymised.

We will then randomly select two respondents who will each receive a £250 John Lewis/Waitrose gift card – which is handy just ahead of Christmas. Your name and contact details will only be used to contact the winners of the prize and will not form part of any data analysis.

The survey will close on Friday 15th November 2019 and the data will be published in the January issue of our Commercial Broker magazine. Complete the online survey today here or via the button below. 


NACFB announces 2020 subscription freeze ahead of hybrid AGM

This year’s Annual General Meeting set to run both in-person and live via webcast



This year our AGM will be held at 2:00pm until 4:00pm on Thursday 21st November at The Royal Society of Medicine, 1 Wimpole Street, London. All NACFB Members are welcome to attend and all full NACFB Members are entitled to vote on the proposed resolutions.

The NACFB chose the Royal Society of Medicine as a location because the facilities available contribute very well to the desire to change the format of the AGM, allowing as it does, more of our membership to engage with the event.

This year, the Association will also be running the meeting as a hybrid event, meaning that it will be streamed live online via webcast. The webcast will allow Members to watch live and submit their votes at the same time as those in the room.

All NACFB Members will soon receive a hard copy of the NACFB Annual Report, Accounts & AGM Agenda 2019. In this document, key members of the Association’s team reflect on a record-breaking and award-winning year.

This document also provides all Members with a formal meeting notification and complete AGM agenda together with an absentee proxy voting form. You will also see that the last year’s accounts and meeting minutes are also provided alongside a review of the first six months of our findsmefinance platform. 

The Association has proposed five resolutions to be voted on at this year’s AGM. These include a freezing of all subscriptions for Members and Patrons for 2020, this is second year in a row without increase. Members will also be asked to approve changes to our Articles of Association to enable both the CEO and MD to have full voting rights on the Board of Directors.

Graham Toy, NACFB CEO, said: “Whilst we want to see as many of you as possible at the venue for this year’s AGM, I also hope that this initiative will enable Members from across the country to feel more included and consulted.”

On Thursday 21st November:

  • Join us in-person at 2:00pm until 4:00pm at The Royal Society of Medicine, 1 Wimpole Street, London –  for which you can register here
  • Alternatively, you can live stream proceedings via webinar – for which you can register here

Can’t join us on the day? You can still cast your vote in two ways: 

  • Download your Absentee Proxy Voting Form, which can also be found on the back of your AGM brochure.  Once completed it should be sent to 
  • Vote digitally via our online voting mechanism, the process takes less than a minute and can be found here

Supporting our Commercial Broker magazine in 2020

Enhance your exposure before the NACFB’s broker Members 




Thank you to all those who engaged with any of the ten issues we published this year of the award-winning NACFB magazine, Commercial Broker.

By the close of 2019, we anticipate the print edition will have been read by well over 30,000 brokers, lenders and industry professionals, with just as many reading the digital version online.

May I extend a heartfelt thank you to all those who have supported our magazine in 2019, both in terms of editorial thought-leadership and more directly through advertising. I hope you will agree that both elements have led to a discernible raising of the bar this year and we will look to pushing this further still in 2020. I would encourage all our stakeholders to be part of this journey with us.

The magazine has hosted a range of insight from over 140 different lenders, brokers, trade bodies, law firms and other leading authorities in our industry.    

Commercial Broker offers unrivalled access to a captive market of the UK’s commercial finance broker market and I am calling upon you, as the UK’s most dynamic lenders, to join on this journey to guarantee our new look magazine’s success.

In the coming days, our in-house team will be approaching lenders and their marketing teams to ascertain interest in supporting the Commercial Broker and outline the range of packages available.


You can also enquire directly via the below contact details:


t: 020 3892 6019


I am asking you – as valued Patrons – to support the magazine not just in the form of advertising, but also by sharing with us your expert insight, detailed knowledge and industry experience in the form of thought-leadership and feature articles.

NACFB Patrons will receive a reduced advertising rate and we have inbuilt flexibility into the rate card for longer-term contracts.

All thought leadership pieces from NACFB Patrons will remain at no cost, although more overtly advertorial and self-promoting pieces will incur a fee as outlined in the rate card.

As a not-for-profit trade body, the magazine is not designed to be an income generator for the Association, we want to elevate the magazine and secure its position as a platform for the best industry insight from lenders and brokers alike.

We look forward to your engagement with our refreshed magazine.

Graham Toy







The September issue of our Commercial Broker magazine is out now



Christmas is now under 100 days away and summer is all but a fading memory… on that bombshell, may we introduce the September issue of the NACFB’s Commercial Broker magazine.

The latest edition steps through why, through the introduction of findSMEfinance, the broker community remains key to unlocking SME potential. This latest issue also features insight from Lloyds Bank, Cambridge & Counties Bank, Funding 365, Locke Lord, Cynergy Bank, Roma Finance, Together Money, Jackson Cohen, BVRLA, FinanceWell, Rivers Leasing, Hampshire Trust Bank, Asset Advantage, and Early Morning Media. 

You can also access the full digital archive of the NACFB magazine here.

NACFB Awards: Patron shortlist announced as voting opens

Vote for your lender Patrons of 2019


Following a shortlisting process by the NACFB Board of Directors, all Member brokers can now cast their online votes for their Patron lenders of the year. 

You can choose to vote in every category or just for the sectors that you operate in. The process takes just two minutes and voting will close on Friday 18th October.

Full 2019 Shortlist 
Development Lender of the Year (Sponsored by Stonehouse Financial)
  • Aldermore Bank
  • Blackfinch Property
  • Ratesetter 
  • Avamore

Business Bank of the Year (Sponsored by White Rose Finance)

  • Barclays Bank
  • Lloyds Bank
  • NatWest

Buy-to-let Lender of the Year (Sponsored by Mortgages for Business)

  • Barclays Bank
  • Landbay
  • LendInvest
  • Precise Mortgages
  • Shawbrook Bank

Commercial Mortgage Lender of the Year (Sponsored by Commercial Finance Brokers UK)

  • Aldermore Bank
  • Barclays Bank
  • Lloyds Bank
  • NatWest
  • Interbay Commercial

Factor & Invoice Discounter of the Year (Sponsored by Goodman Corporate Finance)

  • Bibby Financial Services
  • Investec
  • Lloyds Bank
  • Ultimate Finance 

Hard Asset Provider of the Year (Sponsored by Asset Finance Solutions)

  • Aldermore Bank
  • Haydock Finance
  • Hitachi Capital Business Finance
  • Investec Asset Finance 
  • Paragon Bank

Soft Asset Provider of the Year (Sponsored by Asset Finance Solutions)

  • Investec Asset Finance
  • Paragon Bank
  • Rivers Leasing 

Motor Finance Provider of the Year 

  • Aldermore Bank
  • Black Horse (Lloyd Banking Group)
  • Hitachi Capital Business Finance 

Most Innovative Lender of the Year

  • iwoca
  • Esme Loans
  • LendingCrowd
  • Growth Street
  • Hadrian’s Wall Capital

Short-term Lender of the Year (Sponsored by Commercial Mortgage Solutions)

  • Just Cashflow
  • Octopus Real Estate
  • Roma Finance
  • Shawbrook Bank
  • Spotcap UK
  • Tuscan Capital
  • United Trust Bank
  • Masthaven
  • Together
  • Fleximize
  • MT Finance
  • Kuflink
  • Liberis
  • Hope Capital
  • London Credit
  • Oblix Capital

Specialist Lender of the Year

  • 365 Business Finance
  • Hadrian’s Wall Capital
  • Keystone Property Finance
  • LendInvest
  • Liberty Leasing
  • Market Financial Solutions
  • Octopus Real Estate
  • Precise Mortgages
  • Redwood Bank 
  • UK Agricultural Finance 
  • Interbay Commercial
  • Metro Bank
  • Wesleyan Bank
  • Masthaven
  • Accredo
  • Arbuthnot Specialist Finance
  • Spotcap UK

Unsecured Lender of the Year (Sponsored by Synergy Commercial Finance)

  • 365 Business Finance 
  • Esme Loans
  • Funding Circle
  • Newable Business Finance 


What makes the NACFB awards different from other industry awards is that they are voted for by the membership which means that the process can often throw out some surprising results.

This year’s NACFB Awards Ceremony will take place on the evening of Thursday 28th November where the winners will be announced and presented with the prestigious trophies.



Wear it with pride

What the NACFB logo means for your business and – more importantly – your clients


I often talk about the power of belonging and the power of being part of a community that is greater than the sum of its parts. Whether you’re a member of a football supporters club, your local sailing fraternity or golf club, there is intrinsic value in being part of a collective; bound by a common interest and, more likely than not, shared goals.

Such collectivism matters even more when you become a member of a professional body, like the NACFB – but with us you get a lot more than just a shared sense of identity. Being a member of a recognised trade association is more than just displaying the logo and getting on with business; it’s understanding what that logo actually represents, sharing its inherent value with your stakeholders and, ultimately, wearing it with a sense of pride.

I spend a significant part of each working day talking with NACFB brokers, so I am well versed in relaying what the logo means to our community. I often draw parallels between a business owner drawing a loan facility and a family booking a holiday. Both represent a significant financial outlay, both require advice from genuine experts and perhaps most significantly, both require a high level of assurance that the person providing you with a service is legitimate and can provide you with a level of protection if things go wrong.

When you book a holiday, you look for the ATOL protection logo, a nationally recognised body who ensure that when you pack your suitcase you can pack some peace of mind too. We see the NACFB logo as an equivalent level of nationally recognised protection for SMEs seeking a business loan via an intermediary.

Only full broker members of the Association are entitled to display the NACFB logo. This means they are an organisation that meets a stringent set of minimum standards and adheres to a Code of Practice, whilst operating under FCA permissions and possessing a full Data Protection licence. The logo also means that the broker firm operates with Professional Indemnity Insurance, there to provide protection should anything go wrong. These are all important elements that can provide the business you engage with an extra layer of assurance and we always encourage all our members to relay this to their clients.

So, if you’re a full member of the NACFB and you’re not displaying the logo on your website, business card or email signature, why not? For it’s not just clients that seek the reassurance of a nationally recognised trade body, increasingly lenders do too.

Over the last twelve months we have seen movements from the FCA that signpost a clear direction of regulatory travel. Although their motor finance review, published in March, directly pertained to the vehicle finance community, closer examination reveals it contained a broader message for the broking industry. Namely that the FCA has become increasingly proactive in seeking to shape credit markets for the benefit of consumers, regardless of whether the products are for property or machinery.

This shaping of the credit markets means that ever greater scrutiny will be placed on the broker and lender dynamic. We are confident that all members of the NACFB adhere to a minimum set of standards and that is why, after they have satisfied our membership criteria, we allow them to use the NACFB logo.

An organisation like ours is only as strong as our weakest member, so in order to maintain our kitemark of quality we regularly conduct on site minimum standard reviews for all our members at all levels.

Our aim is to make sure we use the review, and consequent observations, to ensure our brokers businesses are run as professionally as possible – as well as conforming to all the elements of regulation that apply to their operation. Our Patrons, who are vital stakeholders, show an extremely keen interest in the fact that there is a level of oversight of both regulatory and professional performance and this is evidenced by the high-level results and general direction of travel and trends. The additional assurance that we are able to deliver serves only to help our Members prosper.

The Association has grown to the largest it has been in its 27-year history – with over 1020 companies now operating as NACFB broker firms. Your trade body remains the UK’s largest independent, and non-profit, association dedicated solely to the commercial finance broker.

We are a community bound by a common interest, united by a duty to provide funding to small UK businesses and one that continues to operate for the greater good – we encourage you to make our identity a part of yours.

Norman Chambers, Managing Director, NACFB


Join us at one of 20 NACFB events this autumn

“There’s no better forum to network, learn and debate with your industry peers” – Norman Chambers

2018 saw the Association stage more events than ever before; with nearly 500 finance professionals joining us at one of 30 events across the country. We continued to roll-out our events programme at pace in the first half of 2019, and we’ll be hitting the road once again this autumn for a diverse range of events tailored to the commercial finance broker. 


We’re staging eleven sector roundtable sessions 

Beyond the broader Member and Patron Days, our sector specific events provide the ideal forum to enhance your business proposition supporting your clients. Each day features up to five lender Patrons from each sector who rotate around tables in five twenty-minute ‘speed dating’ style sessions.

This enables delegates to receive valuable face time with representatives from each lender; discussing sector developments, products releases and updates, the latest rates and ways of enhancing the lender/broker dynamic.  

Following your feedback, we’ve tweaked the structure a little; allowing brokers and lenders to extract even greater value from the events. As with our H1 events programme, all upcoming roundtable events will see the sessions shortened and paired with complementary sectors, for example, our Commercial Mortgages roundtable day will share the billing with our Buy-to-let day – ideal for the diverse broker working with property clients.

The events are open to all brokers operating at any level, including non-NACFB Members. 


Introducing the NACFB webinar series 

We know that attending an event in person involves time away from the day job, so we’re trialling a webinar series exclusively for NACFB Members. 

We’ve scheduled two free online webinars looking at the key details brokers need to know ahead of the new Senior Managers & Certification Regime (SM&CR). This online workshop will feature expert insight from the NACFB Compliance team as well as an interactive Q&A. 

Check out our updated programme of regional events below, including Member and Patron days and be sure to secure your place today.


Autumn 2019 dates for your diary – click to register



The summer issue of Commercial Broker is out now

Read a digital version of our summer issue and Expo special here or below


Although our annual week of sunshine has come to rather an abrupt end, the summer issue of the NACFB’s Commercial Broker magazine is out today.

The July/August issue steps through 50 things we learned from a record-breaking Commercial Finance Expo; with quotes from the industry’s biggest players, to the number of shoes shined and ice creams eaten on stands throughout the day.

The issue also features insight from Lloyds Bank, Oblix Capital, Bloomsmith, Praetura Asset Finance, Catalyst Business Finance, Hope Capital, Tower Leasing, InterBay Commercial, Precise Mortgages, Octopus Property, Hitachi Capital, The SME Alliance, and Rockstead

You can also access the full digital archive of the NACFB magazine here.

Join the conversation
It’s not too late to get involved with the Commercial Broker magazine this year. We will always welcome high-quality thought leadership and robust opinion pieces from lender Patrons and broker Members alike.

All insightful feature articles from NACFB Patrons will remain at no cost, although more overtly advertorial and self-promoting pieces will incur a fee as outlined within our rate card.