NACFB Hits 100 Patrons!

28 March 2014

The NACFB has reached two milestones simultaneously by obtaining its 100th patron as well as gaining 100 member firms in the past 12 months…
The National Association of Commercial Finance Brokers (NACFB) gained 100 more member firms over the past 12 months and currently has 1,200 members, made up of 612 member firms.
With the rapid expansion in membership and growth of its panel of active lenders, it means brokers have a wider set of options. The NACFB said: “It’s all about getting funding to small and medium-sized businesses in the most straightforward way possible.”
The NACFB’s 100th patron, LSC Finance Ltd, is a principle bridging and development lender, made up of property professionals with over 70 years’ experience and a 99 per cent completion rate.
When joining the NACFB, LSC stated on its Facebook page: “As a Lender and Patron we hope to use our affiliation with this professional body to further our contacts and brand, again helping businesses and property professionals throughout the UK.”
Bradley Hacking, Sales Director at LSC, said: “At LSC Finance Ltd we have quickly established ourselves as one of the Quickest and most Flexible Bridging and Development Lenders in the Industry. Built from the need for a Simple and Pragmatic approach to lending, with excellent service as standard, we provide a unique approach to Lending.”
The 100th patron prides itself with its commitment to efficient deal-making, with a 99 per cent completion rate following an accepted offer.
Bradley added: “Using wholly private capital and with a small but experienced team we are able to give fully underwritten offers within a couple of hours. We are here to give our brokers unparalleled speed whilst not making them jump through every hoop, we want the deal to complete and won’t put obstacles in the way.
“Our core business is lending from £25,000 to £500,000 for periods up to 12 months, based on First and Second charge security. However, we do lend on larger deals up to around £1,000,000 on a deal by deal basis.
“At the forefront of our minds is the relationship between Broker, Lender and Borrower. We want all parties to be fully involved in the Loan process ensuring the application to completion period is minimised every time.”
The NACFB’s goal for this year is to increase awareness of what it does. The NACFB added: “We should be the first port of call for lenders who want to lend, borrowers who want to borrow, and the best brokers to join it all up in the middle. The great results from the first quarter of 2014 suggest that we really can achieve that goal.”
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