We face an exciting post-summer agenda

Summer seems like a distant memory and we’re facing a busy close to 2018. While it’s still too early to look back on the year, I am pleased to share that – for the first time in our 26-year history – the NACFB now works with the direct support of over 874 commercial finance broking firms. This is approximately 1,630 individual brokers proudly operating their brokerage under the NACFB kitemark – an all-time record for the Association.

We have grown by an extra 50 membership firms so far this year, ensuring the we remain by far the largest independent and non-profit trade body dedicated solely to the modern commercial finance professional.

The Association now works with over 140 Patrons; a figure that has nearly doubled since our previous peak in 2007. We have also onboarded a number of new dynamic Patrons since the start of the year, despite turning down many more lenders because they could not meet or were not ready for our entry criteria. This is positive news, I am sure you will agree, and we continue to grow.

I’ve outlined below a few items you may have missed since coming back from your summer holidays:

Join us for October’s NACFB Patrons Day

After the success of last year’s Patrons Day, we will be running another session for all NACFB lenders. Taking place on Monday 15th October at the Radisson Blu Portman Hotel in London, the day will see the Association share updates on developments in 2018 and look ahead to upcoming key changes Patrons should be aware of. We’ll be sharing with attendees information on our inaugural Lending Survey, provide an update on how we see the Patrons Charter evolving and sharing how we see the broker/lender dynamic developing. We’ll also be hosting roundtable discussions on the new-look NACFB Magazine, providing delegates with guidance, advice and ideas for content in 2019. The free event will take place from 1.30pm-4.00pm. We’ll begin the afternoon with roundtable presentations and close with drinks, canapes and networking. Find out more and register online at NACFB, Patrons Day.

NACFB: Supporting the NACFB magazine in 2019

From January 2019, the NACFB Magazine will be brought in-house and we will no longer be partnering with our current suppliers. Our trusted partners at R&R Events have begun approaching Patrons and your marketing teams to ascertain your interest in supporting the NACFB Magazine and outline the range of packages available to you. We are asking lenders to support the magazine, not just in the form of advertising, but also by sharing with us your expert insight, detailed knowledge and industry experience in the form of thought-leadership and feature articles. All thought leadership pieces from NACFB Patrons will remain at no cost, although more overtly advertorial and self-promoting pieces will incur a fee, as outlined within the rate card. You can find out more by speaking to our sales team on 0845 0043169 or via the dedicated email address magazine@nacfb.org.uk.

 NACFB and PwC Commercial Lending Survey – deadline extension

Thank you to all NACFB Patrons who returned their survey submissions to PwC last week. Following feedback from some lenders, we have extended the submission deadline to Friday 21st September to accommodate those lenders for which the data collection is taking longer than expected. As fully outlined here, collated data should then be sent directly to PwC to ensure that only they will see the aggregated output. All contributing Patrons will receive a high-level summary of the findings at no cost before we publish an overview of the survey results. If you are an NACFB Patron and have not received guidance on the process from the Association’s CEO Graham Toy, you can find out more here. Data should be returned to PwC no later than Wednesday 21st September.

NACFB, UK Lending Survey 2018

 Wake up with the NACFB Morning Briefing

We have had over three full months of NACFB Morning Briefing – thank you to those who have made use of it so far. We will continue to provide this news round-up as a benefit of membership exclusively to NACFB Members and Patrons. If you want your colleagues to opt-in to the daily distribution, you can do so by emailing Kieran at kieran.jones@nacfb.org.uk – and if you are an NACFB Patron seeking to share your latest news and updates through the service, you can reach the team via the same address.

I encourage all NACFB Members to get the most from their membership. If you would like more information on how you can access all the benefits that come with NACFB Membership, please don’t hesitate to call our office on 020 7101 0359.

Thank you for your continued support.