Fleet News

NACFB brings together commercial lenders and the business bank to support their future plans

Fleet news logo

The National Association of Commercial Finance Brokers held their inaugural chairman’s lunch on Friday June 7 to reveal their plans to help support the Government’s call to provide more funding to SMEs across the UK.

The NACFB is in a unique position with 93 different lenders to business for their 1000 commercial brokers, a position fully endorsed by the new business bank. Their representative was present to provide full support to the proposals to raise national recognition for the Association’s work and to provide a new single point of contact for SMEs to source finance for their business.

The new NACFB Small Business Finance Directory was launched by Vince Cable in Whitehall on Monday, an event attended by chairman Marcus Grimshaw and chief executive Adam Tyler.

Grimshaw said: “The Association is on the cusp of being at the forefront of matching SMEs with the right business lenders through our membership, but we need support to take this initiative nationally to the business community. So, it was fantastic to receive unanimous backing from those senior patrons present as they pledged to get right behind the Association.”

Tyler added: “While the core principals of the NACFB remain steadfast, we cannot ignore the fact that we are unique in having access to such an array of business lenders through our professional broker network. But we cannot do this alone and we need all our lenders and funders to back us in this quest.”

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee