All articles by Adam Tyler
Adam Tyler
Outlook 2010
Adam Tyler of the National Association of Commercial Finance Brokers looks ahead to the next 12 months The last year, 2009, was probably one of the most difficult years ever for brokers across the commercial finance industry.
Don’t blame the middleman
With some leasing companies pulling out of the broker market and fleet funders culling their broker panel, Adam Tyler looks at brokers place and future in the contract hire and leasing sector The withdrawal of funders from the vehicle finance broker market has just become an issue for this sector of the market, although readers of Motor Finances sister publication, Leasing Life, will be aware the issue has affected leasing brokers for the last year or more
Creating a path forward for brokers
Historically, the majority of NACFB members operate in the commercial property market, and so, rightly or wrongly, the leasing and vehicle broker members have felt a bit neglected.
Testing times for brokers
The world of the vehicle finance broker is a difficult place at the moment Talking to NACFB members the feeling is things have improved from the situation of six months ago but the figures make far from cheerful reading.
Brokers’ reputation at stake
If you read Motor Finances sister publication, Leasing Life, you will undoubtedly be struck by the fact that the leasing market seems to have turned into a vipers nest of fraudsters and financial crime (see Leasing Life, July 2009). From glancing through the headlines it appears as though even large and respectable firms have become mired in unsavoury business practices of others or sometimes even their own making Certainly, the problems caused by the crisis in the finance markets has left many less than scrupulous business practices flapping on the beach as the tide of easy credit pulls back.
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Vehicle finance brokers bucking the trend
Vehicle finance brokers bucking the trend Adam Tyler In the world of financial services, the vehicle finance broker market is a rare ray of sunshine in an otherwise gloomy picture In general, NACFB members who transact business in our other divisions either commercial mortgages or leasing and asset finance are finding the current market conditions tough