Business Finance Partnership...
One of the major things that we have been doing this week is finalising the proposal to submit for the Business Finance Partnership, a government scheme specifically designed to help UK SMEs access funding. The Association feels that it is perfectly placed to be the conduit for the £100million of funding that will be distributed from the scheme. The ongoing work at Westminster and the relationship s that we have built with SME trade bodies have helped us to be considered for the scheme – exciting times! As soon as we have any further news on the Business Finance Partnership, we will announce this to the membership.
NACFB annual business level questionnaire...
We have also started collecting in the results of the NACFB annual business level questionnaires and if you haven’t already completed one of these, we would urge you to do so. This is the only survey of its kind in the UK and the results that we receive give an accurate perspective of how the commercial market is holding up, along with areas of growth and decline. The statistics also help us to lobby government and underscore how vital the broker’s role is in the recovery of the UK economy. You can also complete this online here.
Yet more new patrons...
We are also pleased to inform you that we have been in talks with five funders over the last week or so and all of these companies are due to join the NACFB panel. As always, we are encouraged by patrons joining the Association as it reflects the positive growth of the commercial market and also ensure more diversity and options for our brokers. Watch this space for further information on these new funders...
As always, we are eager to hear you points of view, so if you have any suggestions or comments please feel free to contact us.
