The National
Association of Commercial Finance Brokers (NACFB) is moving its
head office to London to help boost its lobbying
activity.

The body which
represents brokers in the leasing and asset finance industry in the
UK has been based in Exeter for the majority of its 20-year history
but intends to be based in the UK capital before the end of
November.

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Writing in the NACFB’s
member magazine, Adam Tyler, chief executive of the NACFB, said:
“Over the last two years, and with an even greater acceleration in
the past six months, I have been spending more and more time in
London, with three days a week becoming the norm.

“London has become the
key geographical focus for the NACFB as our lobbying is at
Westminster and most of our patrons are in London. It is the hub of
the UK financial services industry and even meetings with existing
and potential members are always in London. It is therefore key for
the NACFB to have more of a presence in the capital.

“It will also give us
easier access to government departments, such as the ongoing case
of the £100m Business Finance Partnership which the NACFB is
lobbying to be a key player in. Although designed to help SMEs
across the UK, the case is focused on the UK Department for
Business Innovation and Skills (BIS) in Central London.

“It is also essential
that the Association’s base is easily accessible to our patrons,
members, regulators, press and other trade associations as well as
our other key contacts.”

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The NACFB said the roles currently undertaken in Exeter
will not change significantly in London although some will be
amalgamated.

grant.collinson@vrlfinancialnews.com