Finance Brokers (NACFB) has launched a new online forum for its
members, called the Deal Exchange, where they can exchange
knowledge and expertise.
Chief executive Adam Tyler said: “The Deal Exchange is aimed to
help NACFB members work together in placing deals they couldn’t
place on their own. We are getting an increasing number of
enquiries from members requesting information about which lender
will look at which deal.
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“In order to cut out the middle man (i.e. us) the Deal Exchange
is designed to be an online meeting place, so members can post
deals anonymously and request help from fellow members.”
In a separate development, no vehicle finance broker
representative was elected to the NACFB’s board of directors at the
association’s recent conference.
Two brokers – Andy Bell of First Vehicle Leasing and Stefan
Erentraut of MVM Vehicle Contracts – stood for election, but a
split vote led to neither being appointed. The NACFB constitution
gives the chief executive the power to make special appointments to
the board, an option which Tyler indicated he would look into. The
issue will be resolved at the next NACFB board meeting, in early
January.
