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Hitachi Capital Business Finance offers broker community money off NACFB membership PDF Print E-mail
Tuesday, 28 June 2016
Hitachi Capital Business Finance has joined with the National Association of Commercial Finance Brokers (NACFB), to offer Hitachi Capital brokers a unique opportunity to receive £250 off a year’s membership (usual price £500). As a market leader in the sector, Hitachi Capital Business Finance is committed to the broker finance market and works closely with industry bodies such as the NACFB to ensure that everyone’s views are represented within the market.

This new deal is open to all of Hitachi Capital Business Finance’s brokers, following feedback from last year’s offer when the membership was free to those who were not already existing members. With so many individual brokers working in rural parts of the country and sourcing their customers from a range of market sectors, it is sometimes difficult for them to be heard amongst the bigger players in the finance industry. By making it more affordable to become a NACFB member, it will open up more benefits to the wider broker community.

The NACFB was founded in 1992 in response to growing incidents of fraud and is run by an elected Board of Directors supported by the Executive. It was formed in the belief that the establishment of measurable standards of proper professional practice in sourcing commercial funding was in the best interests of its SME customers, and vital to the integrity and future wellbeing of the industry. The NACFB is engaged with the Government and HM Treasury in sourcing not only High Street lending but alternative forms of finance to help SMEs. NACFB members have access to a comprehensive range of finance facilities for small and medium sized businesses in the UK, including commercial mortgages, leasing and asset finance, vehicle finance, buy to let and factoring and invoice discounting.

A NACFB membership also provides:

Access to exclusive arrangements with over 145 lenders and funders
FCA Regulatory advice through NACFB Compliance Services
A lead generation programme via
An events programme including training, development and networking
Competitive block professional indemnity insurance scheme; (PI Cover is a mandatory requirement to retain Membership)
Regular communication and industry updates with members and patrons via monthly newsletter and magazine.
CPD programme: to develop skills and help them work to the highest standards
Qualifications in association with the IFS school of finance
Use of the NACFB logo, which is recognised nationally.

Gavin Wraith-Carter, General Manager at Hitachi Capital Business Finance, says: “Hitachi Capital Business Finance is proud to be able to support the broker community and wants to ensure they have access to vital industry information and services that will keep them up to date with market changes, information and any lobbying being undertaken on the industry’s behalf. We believe that by offering our brokers a better deal with membership to the NACFB it will strengthen the bond within the industry and create a stronger broker community. Reducing the price by £250 is another example of how we at Hitachi Capital Business Finance listened to our network and extended the offer to include new and existing members.”

Adam Tyler, Chief Executive of the NACFB says: “The NACFB recognises the importance membership plays in ensuring the broking community is as broadly represented as possible and that we are able to act on their behalf on leading industry issues. There are still many brokers who are not yet members and missing out on having their views represented. Hitachi Capital Business Finance’s commitment to paying £250 of the year’s membership fees for all their brokers is an acknowledgement of the importance of the role that NACFB plays in their industry and how we are able to support them.”

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