View more on these topics

Enterprise Finance to provide secured loans to NACFB members

Enterprise Finance is to become the exclusive provider of all secured loans to members of the National Association of Commercial Finance Brokers.

Over time, the partnership may evolve into a white-labelled service, an arrangement Enterprise Finance has with other networks. 

Danny Waters, CEO, Enterprise Finance, says: “We are delighted that the NACFB has chosen Enterprise to be its exclusive provider of secured loans and will ensure that all its members receive a first-class service that they can be proud of. Our role is to ensure that the growing demand for these products is met.”

Recommended

Bridgingwatch – Danny Waters – June 2012

Probably the biggest story of the past week or so has been Dragonfly Property Finance getting regulatory approval from the Financial Services Authority, which opens up a whole new channel for the lender and puts it in an elite group of short-term finance providers that are FSA-regulated.

1

First-time buyer loans down 48% in April

The number of first-time buyer loans dropped by 48% in April, compared to March, as a result of the Stamp Duty concession coming to an end.

BSA welcomes exemption from ring-fencing rule on investments

The Building Societies Association has welcomed the government’s decision to exempt societies from having to ring-fence their retail activities from their riskier investments. Last week, the government published its White Paper on the Bank Reform Bill, which confirmed it intends to push ahead with requiring banks to ring-fence their activities and make them hold 10% […]