NACFB

🤔 Are automotive subscription models replacing traditional leasing arrangements? Writing in the latest edition of Commercial Broker magazine, Jason Hurwitz, sales director at NACFB Partner, NETSOL Technologies Inc. Europe, shares his views on the future of automotive finance. He also explains how he believes brokers can maintain their position in the market, saying: “By embracing usage and subscription models, plus the technology that underpins them, brokers can solidify their position as indispensable partners and expert advisors for their clients.” Read the full article here 👉 https://lnkd.in/eiXbqbiD #CommercialBroker #AutomotiveFinance #NETSOL

What a year it’s been 🤩 The NACFB delivered a packed calendar of events across the UK, bringing our membership together like never before. Here’s a snapshot of 2024’s highlights: 🌟 Record-breaking attendance: 3,000+ delegates and 146 exhibitors attended June’s Commercial Finance Expo 💸 🇬🇧 Nationwide reach: We held regional events for brokers across Scotland, Wales, England, and Northern Ireland 🎟️ 🏆 Celebrating excellence: We welcomed over 1,300 guests at two major awards ceremonies, with 38 awards presented to broker Members and lender Patrons 🥂 💡Expert insights: More than 40 panellists shared their knowledge 🧠 ⚖️ Rigorous judging: 43 independent judges reviewed every award entry 🤔 📅 Ready for more? Stay tuned for what’s coming in 2025! #NACFBEvents #CommercialBrokerAwards #CommercialLenderAwards #CFE #FundingFutureGrowth

💬 “Planning departments will need radical reform and, likely, additional funding,” says Neil Leitch, managing director of development finance at NACFB Patron Hampshire Trust Bank. The housing market, and how to make it accessible to a greater number of people, has long been an important topic for governments, irrespective of their political persuasion. More often than not, the focus comes back to the planning system. Writing in the latest edition of our Commercial Broker magazine, Neil explains why planning reform holds the key to meeting new housing targets. Read his full opinion piece here 👉 https://lnkd.in/e2i_rC6J #CommercialBroker #Planning #HousingMarket

💬 “The ‘postman’ style of broking in which you merely ping a customer name, an asset and sum of money to a funder has surely got its days numbered,” says Philip Knight, credit and risk director at NACFB Patron Asset Advantage. In the latest issue of our Commercial Broker magazine, Philip reflects on the evolving SME finance landscape, where the rise of funders in the UK has added both opportunities and challenges for brokers. Read Philip's full opinion piece here 👉 https://lnkd.in/e9XbYVwf #CommercialBroker #SMEFinance #AssetAdvantage

🧐 Can you spot yourself in the video from last month’s Commercial Lender Awards? 🎥 🏆 #CommercialLenderAwards #NACFBEvents #LendingExcellence

Calling all NACFB Patron lenders 📣 Complete our annual survey today and help us shape the future of the UK’s commercial intermediary sector 💪 The survey takes only 15 minutes to complete, and by participating, you’ll have the chance to win one of two luxury Fortnum & Mason hampers, each worth £250! 🎁 Complete the survey before 5pm on Tuesday 24th December for a chance to win 👉 https://lnkd.in/ehukDK5G   #NACFB #Survey #SMELending #CommercialFinance

What is the correct broker fee? 3%, 5% or 10% of the principal loan amount? Should brokers that take higher fees share more of the risk? 🤔 Writing in the latest edition of the Association’s Commercial Broker magazine, Andrew Jackson, UK MD of NACFB Patron Swishfund Ltd, asks whether higher pricing could derail the intermediary-led funding market. 💬 He says, “One can only hope that through this melee may emerge a community of lenders and brokers who value customer retention, repeat business, and fair business practices over making a quick buck today to the detriment of the future.” Read the full opinion piece here 👉 https://lnkd.in/e8h-NZ97 #CommercialBroker #BrokerFees #Intermediary

Are you an NACFB broker Member? Share your insights in our annual survey and help us make 2025 the year of the broker 💪 By taking just 15 minutes to complete the survey, you’ll contribute to empowering brokers like you in 2025. Plus, you’ll have a chance to win one of two £300 John Lewis gift cards! 🎁 Complete the survey by 5pm on Tuesday 24th December for your chance to win 👉 https://lnkd.in/gn7iasfd #NACFB #Survey #SMEFinance #BrokerImpact #YearOfTheBroker

The NACFB has welcomed yesterday’s Supreme Court motor finance appeal decision.   Our CEO Jim Higginbotham shared: “On Monday, the NACFB wrote to the Supreme Court urging them to grant permission to appeal, and we are encouraged by their prompt decision. The speed of this ruling underscores the critical need for clarity, which will help the lending community navigate these issues with greater confidence and certainty.”   The appeals will provide much-needed clarity on the duties owed to customers by car dealers and third-party lenders in car finance 👉https://lnkd.in/euDmcWsp   #NACFB #MotorFinance #RegulatoryUpdate

With so many developers facing the unwelcome prospect of not being able to sell their properties before the end of the loan term, a growing number are now turning to development exit finance.  💬 “The use of development exit finance is likely to continue to gain momentum over the next 12 to 14 months as it can give developers the headroom they need to ensure they achieve their project’s full value,” says Sean Adams, MD of NACFB Patron Hilco Real Estate Finance. ✏️ Writing in the latest edition of Commercial Broker, Sean explores how development exit finance can achieve a project’s full potential.  Read the full industry insight here 👉 https://lnkd.in/gBbiq9Az   #CommercialBroker #DevelopmentExitFinance