Hitachi Capital Business Finance offers broker community free membership of NACFB
Hitachi Capital Business Finance, together with the National Association of Commercial Finance Brokers (NACFB), are offering Hitachi brokers who currently do not hold membership, a unique opportunity to take up a year’s free membership to the value of £400 each. As a funder, Hitachi Capital is committed to the broker introduced finance market and works closely with industry bodies such as the NACFB to ensure that everyone’s views are represented within the market.
Financial Industry Associations over the last five years have become increasingly important bodies as regulation has tightened and political interest, involvement and scrutiny are high on the agenda. With so many individual brokers working in discreet parts of the country and sourcing their customers from a range of market sectors, it is sometimes difficult for them to be heard amongst the bigger players in the finance industry.
The NACFB was founded in 1992 to raise the standards and profile of the commercial finance industry and has worked tirelessly to represent the industry. Recently, it has been focusing on serious lobbying on behalf of its members. It is seen by government agencies as the place to go for the broadest range of commercial finance advice and to date, it has managed to secure representation on a number of important All Party Parliamentary Groups, including the Small Business Group and Micro Business Group. NACFB is also involved in the Business Finance Partnership funded by the HM Treasury and is part of a non-political group of 125 bodies representing SMEs.
The benefits for brokers of the NACFB membership means they not only have access to up to date industry and compliance information but will be represented in terms of any industry lobbying. NACFB membership also provides;
– Access to exclusive arrangements with over 120 lenders and funders
– A lead generation programme via www.findsmefinance.co.uk
– An events programme, including training, development and networking
– Regular communication and industry updates with members and patrons via monthly newsletter and magazine
– CPD programme: to develop skills and help them work to the highest standards
– Qualifications in association with the IFS school of finance
– Use of the NACFB logo, which is recognised nationally.
Gavin Wraith-Carter, general manager at Hitachi Capital Business Finance, said: “We believe providing a single voice in the industry ensures that brokers are recognised as a strong and visible option for the SME. We are all acutely aware of the pressures of regulation and increasing and the FCA push for further compliance and it’s no surprise that funding is becoming more available as the economy improves. Hitachi Capital Business Finance is proud to be able to support our brokers and want to ensure they are able to access vital industry information and services that will ensure they remain up to date with industry changes, information and any lobbying being undertaken on the industry’s behalf. This will go towards strengthening the bond within the industry and creating a stronger broking community.”
Adam Tyler, chief executive of the NACFB said: “The NACFB recognises the importance membership plays in ensuring the broking community is as broadly represented as possible and that we are able to act on their behalf on leading industry issues. There are still many brokers who are not yet members and missing out on having their views represented. HFCB’s commitment to paying for the first year’s membership fees for their non-member brokers is an acknowledgement of the importance of the role the NACFB plays in their industry and how we are able to support them”.