The National Association of Commercial Finance Brokers (NACFB) has been notified by the British Business Bank (BBB) to provide a formal proposal of its suggested online referrals platform.
"We are in effect through to the final round of applications, meaning that we stand to play a major part in helping SMEs across the UK find funding through a Government designated Finance Platform run by the NACFB," the association wrote.
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NACFB’s current findSMEfinance.co.uk website is already averaging £1.2 million in leads per day, supported by just under half of its 1500 members.
According to the association, the technology of the current website could handle a tenfold increase in leads.
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