What to expect at the NACFB Commercial Finance Expo 2016
The seventh Commercial Finance Expo is now just a few weeks away and the NACFB has finalised the timetable for the day’s conferences.
There has been a huge amount of work in bringing the Minimum Standards Document to readiness and we will be discussing the need for an internal compliance team for the NACFB.
One question we will be raising is whether there remains a place for traditional style lenders in the market or whether we already have the solution between the two with the challenger banks. Both sides of the debate will be heard.
The NACFB now works with 143 different lenders and they will not all be speaking with the same voice – we expect a lot of energy in these debates. Nonetheless, fourteen of the biggest funders are represented on the conference panel, which goes some way to demonstrate the NACFB’s reach and the willingness of lenders to engage with a 1700-strong crowd.
We will also be discussing where the future of commercial finance lies. It may involve an expansion into the property lending space for the alternative finance industry. Challenger banks might begin acquiring a branch network, or they may decide to expand in a different way and leave the traditional lending and banking to those with the experience of this market.
We’re also concerned with the question of where the next group of brokers and indeed funders are coming from for our industry. We will be assessing exactly how recent regulatory changes have had an impact on the buy-to-let market.
We can expect vigorous debate on all these topics, yet the same lenders have united to bring us the NACFB Minimum Standards document and that is set to be the biggest talking point of the day. Its impact will be far-reaching.
The NACFB is still taking last-minute visitor bookings and interested parties can register at www.commercialfinanceexpo.co.uk. Doors open at 9:30am on June 15th.