Workshop heralds NACFB's London HQ opening

Workshop heralds NACFB's London HQ opening




Last week, the National Association of Commercial Finance Brokers (NACFB) opened up the doors of its new London office in the heart of the UK commercial market and a troop of industry visitors.

Last week, the National Association of Commercial Finance Brokers (NACFB) opened up the doors of its new London office in the heart of the UK commercial market and a troop of industry visitors descended near the banks of the River Thames.

The NACFB welcomed around 80 brokers and funders to its Regional Workshop, followed by a Drinks Reception, where the Association showcased its new office in Hamilton House, 1 Temple Avenue, London. Both were very well received and the day provided superb presentations, a networking and Q&A opportunity for members and a chance to take a look around the new NACFB office.

Adam Tyler, Chief Executive of the NACFB, kicked the day off by welcoming everyone to the Association’s new HQ. He explained how hard it was to let some of the old guard in Exeter go, but introduced his new enthusiastic team.

Next was a membership update and Adam spoke eloquently about the Association marking its 20th year and how good it was to welcome the lender speakers and the broker members to the occasion and venue. He highlighted the work which the NACFB has accomplished, including involvement with the Government, party conferences, Genesis Initiative, Bank of England, DBIS, and other business groups.

Adam emphasised a purer code of conduct and criteria, the continuing work with the Small Business Finance Directory and NACFB PI Insurance scheme, and, very interestingly, the news that nine months of negotiations have resulted in NACFB finally forging a partnership with the Federation of Small Businesses (FSB). This will see, as of the Monday this week, the NACFB supply commercial finance solutions to all the businesses under the FSB’s umbrella. This equates to more than 200,000 businesses that are able to access finance via the Association’s lender members.

The audience was told that the NACFB will be driving forward on all fronts, but is currently focusing on two areas in particular at present - Training and Education and Lead Generation. There will also be a central hub for the Lead Generation system with a dedicated 0845 number.

Speaking about the day, Adam Tyler said: “The new central London offices are now up and running and the Regional Workshop and Drinks Reception were a great way to celebrate the Association’s relocation and first event here.

“As always, we had a great selection of funders from the NACFB panel to present on the day, and we would like to thank all those that took part. The presentations were very well received and the range of funding that is open to NACFB members was represented well.”

There was an array of presentations ranging focusing on commercial, foreign exchange and invoice, from: 

- Aldermore;

- Barclays;

- Bibby Financial Services;

- Borro;

- Funding Circle;

- Liberty Leasing;

- Masthaven Bridging Finance;

- Merchant Cash Express;

- Metro Bank;

- MoneyCorp;

- Platform Black;

- Precise Mortgages;

- Premier Guarantee;

- Shawbrook Bank;

- NACFB Insurance Services.

One of the presenters on the day, Richard Deacon, Sales & Marketing Director at Masthaven, said: “Adam Tyler and the NACFB never fail to impress us with their consummate professionalism and attention to detail. Their new HQ is wonderful and surely the sign of things to come as the association grows from strength to strength. The turnout was amazing with nigh on 80 brokers packed into the conference facility, all genuinely interested on what was being said by the presenters. From Masthaven's point of view, these are the best events we can possibly attend as they allow us the opportunity to talk to commercial brokers about bridging products in a true learning environment.

“In the lunch interval it was good to talk to some familiar faces but also surprising to see the amount of ‘new’ brokers that wanted to talk about bridging finance. Some good appointments for further meetings were made and the day was a great success.”

Adam added: “On the day we had around 80 attendants, presenting not only a great opportunity to hear about different forms of finance available to members, but also a chance for everyone to see the new office and meet the new team. The drinks reception that followed was a nice way to informally welcome the NACFB to London. Catching up with some old and new faces, it was also great to see all those that weren’t able to join us during the day. All in all, the day was a great success.”

By Jason McGee-Abe

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