Yesterday we headed south to Birmingham to attend the 6th annual NACFB Commercial Finance Expo – the only show in the UK dedicated to the business finance community. Over 100 exhibitors from across the business finance arena set up stall in the Pavilion arena, sharing best practice, offering advice and providing a platform for businesses to showcase their extensive expertise. It was also the perfect opportunity for us to catch up with our key partners, including Fleximize, Boost, Credit4, Bibby finance, Yes Growth, IWOCA, Everline, Ortus Secured, F4B and many more.
More than 1500 attendees listened to an impressive programme of speakers including Kate McAleenan from the British Business Bank, Stephen Johnson, Deputy CEO of Shawbrook Bank, and MD of Asset Finance at Aldermore, Carl D’Ammassa discuss the key issues facing the asset finance industry.
With access to finance, especially for SMEs such a big topic at the moment, it was refreshing to see and hear so many positive stories reflecting the wealth of options out there for businesses looking for alternative finance outside of traditional lenders. According to Adam Tyler, CEO of the NACFB they are welcoming growing numbers of lenders to their membership rising from 42 in 2009 to 124 this year, which further demonstrates the growth of the industry. Tyler also argued that it is “awareness not availability” being the issue on finance, which we at businesscomparison.com have been saying for some time. We’re certainly looking forward to see what’s around the corner for the industry.
For the latest commercial mortgage rates use our finder at businesscomparison.com