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Lloyds Bank announced as 2020 NACFB headline sponsor

Association welcomes high-street giant as returning headline sponsor – enhancing specialist support for brokers across the UK


The National Association of Commercial Finance Brokers (NACFB) has announced the return of Lloyds Bank as the trade body’s 2020 headline sponsor.

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

This year’s headline sponsorship will see Lloyds Bank take prominent position at all flagship and regional events as well as online and in the Commercial Broker magazine.

Andy Bishop, National Director of Business Development SME Banking at Lloyds Banking Group, said: “We are proud to once again be headline sponsor for the NACFB in 2020 and our aim is to help deliver more education, innovation and value across this highly competitive market.

The NACFB’s commitment to transparency – coupled with their advocacy of the many benefits to customers of using a professional intermediary – are just a few of the many reasons why returning as headline sponsor for the third time was an easy decision for us.

At Lloyds Bank, we pride ourselves on the relationships we have with NACFB brokers 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, spoke of Lloyds Banks returning sponsorship: “I speak on behalf of everyone at the NACFB when I say we couldn’t be happier to have Lloyds return as headline sponsor for the third time.

Their support will stand us in good stead for the inevitable challenges we will face in 2020 and beyond, and I would like to extend our gratitude to Andy and the Lloyds team for their ongoing support – both to the NACFB and the broker market.

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,” Graham added.

New Gabriel reporting requirements

Since the implementation of the Senior Managers and Certification Regime (SM&CR) in December 2019, firms will see an additional change in their Gabriel reporting requirements.

Firms are now required to complete a REP008, or Notification of Disciplinary Action relating to staff captured by the conduct rules.

Firms must notify the Financial Conduct Authority via the REP008 submission if they have taken disciplinary action against a person subject to the SM&CR conduct rules, in their last reporting period, where that person was found in breach.

For most firms, the reporting period is between last September and August. Disciplinary action against a person means issuing a formal written warning, suspension or dismissal of that person, or reducing or recovering any of that person’s remuneration. As a reminder, disciplinary actions against SMF managers for a breach of the conduct rules must be reported to the Financial Conduct Authority within 7 business days via the appropriate form and therefore should not be included within your REP008 submission.

The REP008 form should be completed by a firm to:

(a) make an annual notification of disciplinary action, if the reason for taking the disciplinary action is any action, failure to act or circumstance that amounts to a breach of the individual conduct rules set out in the FCA’s Code of Conduct or;

(b) To make follow up notification to update a notification that has been previously made by the firm in relation to (a); or

(c) confirm that there is nothing to be reported under (a) or (b)

 How to complete

The Financial Conduct Authority have a support template available on the FCA website which takes users through a step by step of how to complete the REP008 on the link below.

January issue of the NACFB’s Commercial Broker magazine now available

The latest edition features high-level results and analysis from the largest broker survey the NACFB has ever undertaken. The ten-page article examines deal trends, sector growth and intermediary-led lending conditions in 2019 and looks ahead to challenges this year.

This January issue also features insight from Lloyds Bank, Praetura Asset Finance, Octopus Real Estate, The Association of Taxation Technicians, YBS Commercial Mortgages, Redwood Bank, Paragon Bank, Recognise, FRP Advisory, ThinCats, Alternative Business Funding, iwoca, Esme, Be the Business, Reliance Bank and London Credit

Introducing the NACFB Commercial Broker Awards 2020


In addition to our two flagship events, 2020 sees us launch our inaugural NACFB Commercial Broker Awards, honouring the Association’s best brokerages.

The NACFB Commercial Broker Awards are a new platform for national recognition within the intermediary market. Whether you are a sole trader broker or a large regional player, these awards are the ideal way to show your peers, clients and lender partners that you have both a track record of success and the skills and expertise to grow in the coming months and years.



The awards ceremony will be hosted at Edgbaston Cricket Ground in Birmingham from 12pm-8pm on Thursday 23rd April 2020.



The event is an opportunity for the NACFB to thank our broker Members. Standard tickets are priced at £125 per ticket and £1250 per table, but for a limited time only, NACFB broker tickets will be subsidised to just £50 per ticket or £500 per table with the exclusive discount code: NACFBBROKER60

Be quick, as spaces are strictly limited. 

Each ticket includes a welcome drink on arrival, a three-course meal and half a bottle of wine per person.

As this is a social event, we would encourage you to bring colleagues, partners, spouses and clients. 



The NACFB Commercial Broker Awards are exclusively for the Association’s brokers. NACFB brokers can enter into as many relevant categories as they deem fit. The judging process is equally weighted and open to brokerages of all sizes, the shortlist will be drawn on merit with the judges looking for demonstrable evidence of broking excellence.

There are fifteen award categories from which to select, ranging from sector specific awards to deal of the year and sole trader categories. The full list, with submission forms can be found here

The deadline for all entries is 5pm on Friday 7th February 2020.

NACFB Events in 2020 – Your role in Funding Future Growth

2020 will see the NACFB host a Funding Future Growth series of broker finance forums across the UK

In a move away from events focussed on solely finance products, the Association’s 2020 events will be reframed and instead be structured around business finance sectors.

This rethinking enables the Association to host days by SME sector types, namely, but not limited to the: retail, hospitality, construction, automotive, manufacturing, professional services, healthcare, technology, exporting, property investment, and residential sectors.

Therefore, our Funding Future Growth series is open to all commercial finance intermediaries and you can register for any of them below:

The events will feature a wider range of Patron lenders and brokers, as well guest speakers who will provide updates on each sector offering unique insight and an outside perspective.


Norman Chambers, NACFB managing director, spoke of the decision to reframe regional events: “The decision to focus on business sectors means that a broker who attends an Association event aimed at helping fund UK retailers could come from a variety of finance sector types. Commercial mortgage brokers could see as much value in attending a much as an invoice finance broker or an asset finance broker.”

All events remain at no cost to NACFB Members. 

You can also download our printable events flyer to keep track of NACFB events this year. 



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