The brokerage applied on 3rd March 2020 with the help of the National Association of Commercial Finance Brokers (NACFB), and received authorisation for the requested permissions on 26th May.
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Wharf Financial is now authorised to carry on the following:
- Credit broking
- debt adjusting
- debt counselling
Marc Champ, managing director at Wharf Financial (pictured above), commented: “We enlisted the help of the NACFB to assist us with submitting the documentation and ensuring we were fully compliant.”
He stated that the NACFB’s help ensured it was fully prepared.
Now, the brokerage is able to access lenders that only transact with FCA-authorised firms.
“Not only does this give our customers more choice, but also with the FCA and NACFB logos on our signature our customers have further confidence in our proposition.
“We are proud to have gone through this rigorous process and achieved what we set out to do.
“We are currently a small firm looking to expand — and this demonstrates our ambitions.
“We are actively looking for the right type of brokers to join us and, again, we hope that these FCA permissions will attract the calibre of candidate we desire.”