What is the National Association of Commercial Finance Brokers (NACFB)?

What is the National Association of Commercial Finance Brokers (NACFB)? image

The National Association of Commercial Finance Brokers (NACFB) is a trade association specifically for UK commercial finance brokers like Capalona. We’ve been members since 2017 and benefit from the support, guidance, recognition, creditability and trust that come with our NACFB membership.

What is the NACFB?

The National Association of Commercial Finance Brokers, or NACFB for short, is the largest trade association for commercial finance brokers in the UK. Established in 1992, the association now has over 2,430 individual brokers. Over the last 30+ years, it has continued to offer value to its members by offering services like compliance support and networking events, like the NACFB awards.

Why is Capalona an NACFB member?

As commercial finance brokers, it’s important for us to remain competitive and in line with industry trends to ensure we’re in the best position to deliver exceptional value to our business customers.

Here are four reasons why we’re NACFB members.

1. Access valuable compliance support

Adhering to the latest financial regulations and best practices is essential, and the NACFB provides us with essential support and resources to ensure we uphold those standards. This support includes compliance audits with recommended actions, templates for terms of business, privacy policies, and other important documents, access to a compliance team to ask questions, etc.

2. Networking opportunities

Our membership unlocks access to many networking opportunities, whether in the form of the NACFB broker forums sharing best practices or at the NACFB Commercial Finance Expo to participate in thought-provoking sessions and debates and build relationships with commercial finance lenders. Or even at the NACFB awards, where there are many award categories like lender of the year and cashflow broker of the year.

3. Professional development

To remain competitive in the commercial finance industry, as brokers, we must keep on top of certain trends and generally continue to upskill. The professional development opportunities the NACFB provides help us do that with ease. From online training programs to workshops and seminars, we always look for new ways to improve our offerings.

4. Access to over 140 lenders

Our membership gives us access to all kinds of lenders, including niche lenders that other brokers may not have access to. This means we can offer our customers the best competitive marketplace to compare business loans and other business funding solutions.

If you’re looking for a business loan, we can help you compare reputable UK lenders in seconds. Simply share what you’re looking for and compare eligible lenders in our self-serve comparison tool.

About the author

Helen Jackson Author
Written by Helen Jackson | September 10, 2024

Money Writer

Helen has over nine years of experience in content writing and writes financial content for us here at Capalona.

Updated: September 10, 2024
Published: August 22, 2024

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