About the

The National Association of Commercial Finance Brokers:

The NACFB was founded in 1992 in response to the growing incidence of fraud and is
run by an elected Board of Directors supported by a secretariat. 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 customers, and vital to
the integrity and future well-being of the industry.

Published within an Office of Fair Trading registered Code of Practice, these standards
have been adopted by an increasing number of commercial finance and legal brokers.

The NACFB has established complaints and disciplinary procedures designed to eliminate unacceptable working practices amongst its members. The Association also exists to
safeguard both its Members and their clients against restrictive practices within the
industry and maintains a confidential register of brokers and lenders suspected
of fraud and malpractice.

In the interests of members and their clients, the NACFB monitors legislation and makes representations to Ministers and Members of Parliament as appropriate. It furthers the
principles of good practice by seeking to work with kindred associations and interest
groups, and by providing education and training for its members and their employees.

Why use an NACFB Broker?
NACFB members have access to a comprehensive range of finance facilities for small and
medium sized businesses (SMEs) in the UK, including commercial mortgages, leasing,
and factoring and invoice discounting. The benefits of using an NACFB broker include:

Choice
NACFB members can provide products from reputable national and international business
finance providers. The Association is currently sponsored by over 50 major finance
institutions, including banks, building societies, factors and lessors.

Competition
Members are able to negotiate the best rates and terms for their clients.

Clarity
Members ensure that their clients have a real understanding of the facilities that have
been negotiated, with a full explanation of terms and conditions.

Presentation and Packaging
Members are experienced in presenting and packaging an application on behalf of clients,
thereby greatly enhancing the chances of securing finance.

Protection and Best Practice
Members of the NACFB operate under an Office of Fair Trading registered Code of Practice.

Joining the Association

Why and how to join the Association:

Full membership is open to brokers who can demonstrate their experience in commercial finance broking e.g. Commercial Mortgages, including Buy-to-Let, Leasing and Asset Finance and Factoring and Invoice Discounting.

Do I qualify?
To qualify for full membership, applicants will be required to provide references from lenders or lessors and the following:

· Bank reference
· Copy of a current Consumer Credit Licence
· Brief CV for each broker to be registered
· Data Protection Licence
· Terms of Business Agreement (Commercial Mortgage Broking only)

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