FIBA sees membership growth during lockdown

Specialist finance trade body, FIBA, has reported a 50% increase in membership numbers since the beginning of the lockdown in the wake of the Covid-19 virus outbreak.

Launched in January 2018 with the backing of Simplybiz Group, the outsourced regulatory and business support services provider, FIBA has grown membership numbers every month since opening its doors. The membership comes from across many parts of the UK intermediary sector and is supported by partners both from the lender community as well as from the professional sector that includes solicitors and valuers.

According to executive chairman, Adam Tyler, the reasons for the jump are easily explained.

He said, “FIBA is an inclusive organisation that welcomes every adviser with an interest in specialist property finance. We cater to the experienced practitioner of course, but FIBA is also there for those who are coming new to the commercial finance sector and need guidance and support. Our fully representative partner panel has long experience of commercial property and provides a structure that brings together some of the best in the industry for our members to work with and consult.”

Adam added, “Naturally, we are an association which champions our sector and the aspirations and concerns of our members at all levels of government and with our regulators. Everyone has been affected by this pandemic and FIBA represents a place where not only can our industry be represented but also be a haven and a place where the best facilities are available for members to maintain and grow their businesses and engage professionally with their customers.”