UK broker body the National Association of Commercial Finance Brokers (NACFB) has signed a partnership with the Federation of Small Businesses (FSB) to provide a UK-wide introduction channel for small businesses seeking finance.
The partnership, formalised this week after nine months of negotiations between the two bodies, will see the FSB pass on credit inquiries from its 200,000 plus membership to the NACFB to pass in turn to its members.
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Leasing Life understands the NACFB would make a preliminary assessment of all the deals passed on from the FSB and the forward it on the appropriate broker by region, specialism or suitability.
Businesses which are part of the FSB can still go directly to NACFB members for finance.
The deal effectively allows the NACFB to operate as a super-broker for lenders across all of its lending divisions including leasing and asset finance.
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