Ex-NACFB chief Tyler launches business finance platform

by: Carmen Reichman
  • 01/02/2017
  • 0
Ex-NACFB chief Tyler launches business finance platform
The former CEO of trade body the National Association of Commercial Finance Brokers (NACFB), Adam Tyler, has launched an interactive platform to help UK small businesses find funding.

FinancemyBusinessonline helps borrowers find lenders by asking them to enter their funding requirements before matching those with relevant finance providers.

Tyler (pictured), who left NACFB at the end of last year, launched his new venture on 1 February which offers access to about 100 registered lenders and plans to add further firms in the coming months.

In addition, he pledged to remain an active campaigner for SME finance in Parliament to raise awareness of both funders and brokers available across the country.

He said: “For all of those that know me, they are aware of how passionate I am about raising the awareness of the range of finance that is available to all small business owners and how they can access it easily.

“I have already taken this finance platform to MPs in Westminster in my bid to continue to highlight the opportunities that exist for small business owners.”

Tyler had worked for NACPF for 11 years and was largely credited with helping build the association’s recognition within Westminster and its reputation with regulators.

However, following the transfer of consumer credit regulation to the Financial Conduct Authority in 2014, NACFB’s focus needed to change from admissions to supervision and oversight of its members. As a result both the board and Tyler decided a change of leadership was needed.

Tyler was succeeded by Rob Lankey as interim chief executive in November.

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