We are full members of the NACFB which gives you added protection when dealing with a broker.Commercial Finance is not regulated by the Fincial Services Authority but we act as if we were.
The NACFB was founded in 1992 to raise standards of proper professional practice in the commercial broker industry. The aim was to secure the integrity and future well being of the broker market for the benefit of both brokers and their customers. The Association publishes these standards in its own industry recognised Code of Practice, which has been adopted by an increasing number of commercial finance, lease and asset finance and vehicle finance brokers.
The NACFB has established complaints and disciplinary procedures designed to eliminate unacceptable working practices amongst its members. The Association also aims to protect its members and their clients against restrictive practices within the industry. It has a Code Of Conduct which all members are obliged to follow
In the interests of members and their clients, the NACFB monitors legislation and makes representations to the Government and Regulators. 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.