UK’s NACFB, Hitachi Capital, Partner on Apprenticeship Scheme

The UK’s National Association of Commercial Finance Brokers (NACFB) has launched its first-ever apprenticeship scheme via a partnership with Hitachi Capital Business Finance (HCBF).

The project will provide training and enable apprentices, post-training, to establish themselves as independent brokers.

“We recognise at the NACFB that there is a need for young talent to come through,” said its chief executive (CEO), Adam Tyler. “The average age of our commercial finance brokers is increasing and we need to invest in new talent for the future.

“The cost of training can be prohibitive, so being able to finance a talented individual is something we are proud to be able to offer.”

HCBF will cover the cost of the training for a 12-month period, which will include six months in-house position at its Staines, Middlesex office and six months with a commercial finance broker. This will be supplemented with regular day release sessions with the NACFB in London.

Gavin Wraith-Carter, general manager at HCBF, said: “We are committed to investing in apprentices and are excited to have the opportunity to further invest in the development of new talent for the broker marketplace.

“We have ensured the best training programme possible at a time when technology is changing the way brokers manage their business to deliver the specific skills this role requires.”

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