The Business Enterprise Fund Becomes NACFB Patron

BEF are delighted to have become a regional patron of the National Association of Commercial Finance Brokers (NACFB) recognising the increasing importance of commercial brokers to our continued success.

The NACFB have over 1,500 commercial finance brokers in membership who wrote £16billion of new loans business to June 2015, up 31% from the previous year.

Stephen Waud, Ceo of BEF said:

“BEF’s mission is to grow and sustain small business employment. We lend to all ages and types of business who struggle to obtain finance, including retailers and sole traders.

Our unsecured loans up to £50,000 are increasingly popular with brokers, either as single lends or to complete collaborative lending deals, including those for business purchases. Our secured lending to £150,000 is also gaining wider broker interest.

Our patronage is a clear signal that we wish to strengthen our relationships with the commercial finance broker community.”

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BEF are a CDFI lender of 10 years’ experience to small businesses located from West Yorkshire to the Scottish border. For more info, see www.befund.org or call 0845 200 3919 to speak with David Guild, BEF Business Development Manager.

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About Business Enterprise Fund

The Business Enterprise Fund is a social enterprise that lends money to businesses in West & North Yorkshire & the North East, who are unable to get lending from the banks. As a social enterprise there are no share holders – all profits generated are reinvested into the business.