Commercial market still fighting

The National Association of Commercial Finance Brokers (NACFB) held its third ‘Meet the Patrons’ Networking Event at the National Motorcycle Museum in Solihull at the end of June. The event attracted 37 exhibitors, including commercial mortgage lenders, lessors, bridging funders and business service providers. More than 200 attended to meet and talk with both the exhibitors and other brokers.

Adam Tyler, chief executive of the NACFB, said: “This has been the most successful event of this kind we have ever run and the numbers who attended put paid to the rumours that the market has collapsed. Although times are tough at the moment we have representatives from 16 commercial mortgage lenders – including specialist lenders who are still active in the market. We also welcomed four lessors, a factor, payroll finance specialists and a buy-to-let lender. The aim of the event was to get as many lenders and funders under one roof to allow busy brokers to take a day out of their schedule to meet with as many of them as possible. And the day was a huge success – feedback from both exhibitors and members has been extremely positive.”