CFI: NACFB


Second NACFB Expo is warmly welcomed Member


the nacFB recently held its second commercial Fi- nance expo on 29 June at the nec in Birmingham. With over 70 exhibitors at the show and over 900 delegates attending, the day was considered a huge success. this builds on the impressive inaugural com- mercial Finance expo held by the nacFB last year – during one of the uK’s most severe economic downturns. adam tyler, ceo of


nacFB, commented on the day: “We are exceptionally pleased with the turn out at the event which exceeded


the impressive attendance at our first commercial Finance expo last year. considering the market and the despondency that is all too often evident, the buzz in the hall was incredible and it is clear that there is a strong appetite for business out there. “We have already received bookings from exhibitors for next year’s event which highlights the reputation that has been built around the expo in only its second year. the feedback from both the exhibitors and the delegates was fantastic with


some deals being written at the actual event. “We believe the success of


the expo is down to the fact that there really is no other commercial Finance expo that brings so many active lenders, Smes and brokers together under one roof. We also had a superb range of speakers at the seminars held on the day and we would like to of- fer our sincere thanks to them. “all in all, it was a fantastic


day and a very encouraging nod to the future and the potential that exists in the market.”


Working hard to help asset finance brokers


the nacFB has secured a number of new partners and patrons of the association to help the membership access a wider range of funds and services. With recent news from the


Finance and Leasing associa- tion regarding the growth in asset finance broker intro- duced business, the associa- tion is pleased to announce one of the newest patrons to join it, churchill Finance group. the association has worked


tirelessly to help the asset finance sector of the nacFB membership and churchill Finance group will no doubt


become a useful funder for them. the association has received numerous calls from asset finance brokers looking to place particu- larly tricky asset deals and in particular,


appropriate


funders for new business start ups or businesses that are defined as ‘too difficult’ due to falling outside of the often restrictive automated scoring systems of some lenders. churchill will be able to of-


fer the nacFB’s membership access to small ticket funding for these struggling compa- nies – precisely the area of the Sme market that the as-


sociation has worked hard to help. these are the Smes that are integral to the growth and well being of the uK econo- my.


economic conditions, nacFB asset


despite the uncertain finance members


will be able to access fund- ing for a range of Smes looking to finance computer systems, catering equipment, partitioning, copiers, tele- phony, office furniture, garage equipment,


surveillance


technology, air condition- ing, refrigeration and the like to traditional print- ing equipment, fork-lifts or even video cameras in school


Services update Since the inception of the nacFB member Services package established in 2010, the scheme has taken on a variety of new partners that the association works closely with in order to add valu- able income streams for its membership. member Services is still


increasing in popular- ity amongst the member- ship, with more business be- ing passed than ever. chris Whittaker, Bdm for nacFB member Services gives an in- sight in to the growth in leads sent to its partner towergate: “as every week goes by, the amount of leads passed to towergate keeps on increas- ing, and since the nacFB and towergate made the changes recently, the amount of business completing is also growing. “only a couple of weeks


ago, we sent a cheque to a nacFB member for £2500, and with towergate’s suc- cess at renewal stage, this one member is in a good position to keep on receiving £2500 for many years to come - a nice amount to build into any fu- ture business plan. “if you’re not taking advan-


tage of this superb opportu- nity to do ancillary business, you really could be missing out on a fabulous opportunity, an opportunity that many of our members are beginning to build into their strategic business plans.”


Join the debate @mortgagechat mortgage introducer AUGUST 2011 55


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