FIBA announces Covid-19 support package
By Joe LyonsThe Financial Intermediary & Broker Association (FIBA) has announced a package designed to help 3,700+ adviser and broker firms, during the Covid-19 crisis
The package consists of the following:
- A three-month fee payment holiday
- Free access to software allowing advisers and brokers to service clients remotely
- Guidance for clients regarding how to access the financial support available from the Government
- Regular and reliable news and updates on the coronavirus pandemic and both its effect on the industry and potential implications for clients
- Access to a workplace mental health support app, including a new module on issues specifically linked to isolation and working from home
Adam Tyler, executive chairman at FIBA (pictured above), stated, support for small businesses was a crucial element in a time of crisis.
“As we emerge into a different landscape, the relationship between customer, broker and lender will change and we are providing a unique opportunity for our members to begin to prepare for better times ahead.”
Keywords: Financial Intermediary & broker association, FIBA, adam Tyler, coronavirus, fee payment holiday, covid-19 package, adviser and broker firms, bridging loans, commercial loans, bridging and commercial loans, B&C
Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/fiba-announces-covid-19-support-package