According to borro’s managing director, Claire Gates, NACFB intermediary members are clearly working harder than ever to find the right funding for their business clients.
She said, “There is no doubt that providing commercial finance advice to SMEs has been particularly tough over the past few years, and we have been impressed by the way delegates are using all of their experience to help business customers.
“We are delighted with the support we have received from intermediaries in general but NACFB members were particularly receptive to the borro proposition as a means of accessing immediate short-term finance for clients.”
Adam Tyler, chief executive at the NACFB, commented, “The NACFB works very hard to help businesses of all sizes to find the funding they require.
“Thanks to the professionalism and hard work of our membership and the ability of the Association to attract the best of the lending community, our membership is a beacon for businesses struggling to procure the finance they need.
“There is still a long road ahead, but the NACFB and its members will continue to play their part in helping SME’s survive in today’s climate and thrive in the future.”