MIp34-35_1209:MI 12 Jan 24/11/2009 16:46 Page 2
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Commercial Finance Introducer
The next
twelve
months…
At the recent NACFB AGM, held on the second day of
the Mortgage Business Expo, the NACFB and the board
of directors put forward the plans for the Association in
2010. Adam Tyler, chief executive of the NACFB looks at
the present proposals and future benefits for NACFB
broker members
T
he recent Mortgage Business the AGM was that there would be no increase in CommercialKeeper to provide the first back
Expo served as a good barometer membership fees. Without doubt, the last two office IT system designed especially for the
for the state of the mortgage and years have been the most difficult ever faced by commercial finance broker. At the current time
commercial mortgage industry. the Association and its members and many are there are around 50 member firms that use this
Obviously the show was a lot finding that the promised recovery has not yet system, and they have been fantastic in helping to
smaller than it had been in unfolded. As result, many are still struggling. In develop it. The system allows brokers to keep
previous years, and lenders were recognition of this, the decision has been taken their clients’ details safe and secure but also helps
still very thin on the ground but the first day was not to raise subscriptions in line with inflation with organisation and marketing.
very busy – and the brokers who attended were for the next twelve months. Associate members,
genuinely interested. The souvenir hunters of the full members and Patrons will see no increase in Income opportunities
Expos of past years have long gone and those their fees in 2010. But that is really only the beginning. It has always
who come along to the event now are The AGM was also an excellent opportunity to been the intention of the Association to provide
experienced and professional brokers. report on work carried out over the last twelve more benefits to members while keeping
On the second day of the event, buoyed by the months which will hopefully both provide real membership costs as low as possible – especially
success of the first day of the Expo, we held our benefits to the Association’s membership and in the current market. To this end the
AGM and conference downstairs at Olympia. It also help to support the Association itself. Tough Association is in talks with various insurance and
was at this event that we looked to announce the times in the financial services industry have ancillary product providers to offer members the
changes for the NACFB for 2010 as we hoped meant that we, as an Association, like any other opportunity of offering their products and
that many of the new initiatives would help small business have had to address the way we services to their clients, earning significant
members cope in difficult times, and thrive when make an income. As the market has evolved, we income and building value into their businesses.
things (eventually) get easier. have also needed to change to make sure that we These companies are market leaders and
are still able to support our members. As a way of household names, and include firms such as
Immediate relief engineering this change we have for the last Towergate and Legal and General.
For immediate relief, the first thing announced at twelve months been working with Bristol-based There will be a pilot scheme early in the New
December 2009 Mortgage Introducer www.mortgageintroducer.com
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