Broker-led transactions make up majority of lenders’ loan books

Last year, 70% of NACFB Patrons’ total lending to UK SMEs was facilitated through the commercial intermediary channel. In its annual survey, the Association asked Patrons which maintain both direct-to-customer and intermediary-led channels to set out the ratio between the two. The findings revealed nearly three quarters of commercial lending was undertaken through the broker …

NACFB & PATRON NEWS

NACFB Survey: Members facilitate £45bn of borrowing in 2022  Lending to small businesses via brokers jumped 10% in 2022 to £45 billion, according to the NACFB’s annual survey results. The survey – full findings from which were published yesterday – also revealed an average loan size of £563,000 in 2022, up 23% on 2021. Notably, of the …