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TODAY'S OTHER NEWS

NACFB attracts record crowds to Expo

The National Association of Commercial Finance s (NACFB) attracted a record 1,700 attendees to last week's Expo.

Registrations were up 26% on 2014, and the number of exhibitor stands soared by more than 20% to 125.

The Financial Conduct Authority (FCA) and the British Business Bank were among the exhibitors packed into the Pavilion at Birmingham’s NEC.

Both the British Business Bank and the FCA were also on hand at one of the day’s four conferences to explain more about their processes and to answer questions from the floor.

The NACFB reported meetings and agreements being made in its marquee-style Business Lounge, which was new for this year and joined the 200-seat conference theatre as additions to the main Expo area.

NACFB chief executive Adam Tyler said: “This is an unparalleled opportunity to bring our members up to date on how their Association is being run and what changes we’re making to keep one step ahead of regulation.

“But also we were keen to let the wider commercial finance world know about the other work we’re doing, not just the appointment of a new compliance officer but also our growing ties with the regulators and Government initiatives.”

Tyler added: “This is an event that’s been growing since it first began in 2010, and it has now become a date for the diary that the commercial finance broker simply cannot afford to miss, as a growing number of brokers and funders are now realising.”

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