Source of finance
A Commercial Finance Broker aims to channel funds from a lender to a commercial business. A good Commercial Finance Broker will know the details of a lot of alternative lenders – not just the high street names.
The NACFB comprises over 2,000 commercial finance brokers covering the whole of the UK. They’re required to have Full or Limited Consumer Credit Permission, Professional Indemnity Insurance, a Data Protection Licence, and a strong track record with nationally recognised lenders.
The NACFB Code of Practice lays out the framework under which Members and Member firms conduct their business. The Code applies to all Members of the Association.
The NACFB Minimum Standards forms a key strategy for the Association to be able to establish the NACFB Marque as one that can be trusted in the SME and commercial lending markets.
The NACFB provides a daily round-up of news relevant to your business and the wider commercial finance lending community. The free summary is delivered to your email inbox every day and is an excellent way to stay abreast of developments within the sector.