NACFB brings commercial lenders & the Business Bank together at lunch

The NACFB held their inaugural Chairman’s lunch on Friday 7th June to reveal their plans to help support the Government’s call to provide more funding to SMEs across the UK.

Related topics:  Specialist Lending
Amy Loddington
10th June 2013
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The NACFB is in a unique position with 93 different lenders to Business for their 1000 Commercial Brokers, a position fully endorsed by the new Business Bank. Their representative was present to provide full support to the proposals to raise national recognition for the Association’s work and to provide a new single point of contact for SME’s to source finance for their business.

The new NACFB Small Business Finance Directory is due to be launched by Vince Cable in Whitehall tonight, (Monday 10th June), an event to be attended by Chairman Marcus Grimshaw and Chief Executive Adam Tyler. This is the latest step in the growth of the NACFB. It has taken four years of lobbying to gain this recognition.

Marcus Grimshaw commented:

“The Association is on the cusp of being at the forefront of matching SMEs with the right Business lenders through our membership, but we need support to do take this initiative nationally to the business community. So, it was fantastic to receive unanimous backing from those senior Patrons present as they pledged to get right behind the Association.”

Adam Tyler added:

“Whilst the core principals of the NACFB remain steadfast, we cannot ignore the fact that we are unique in having access to such an array of business lenders through our professional broker network. But we cannot do this alone and we need all our Lenders and funders to back us in this quest.”
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