The National Association of Commercial Finance Brokers (NACFB) has surpassed the 1,300-member firm mark for the first time in its history.
As of July, 1,311 UK-based commercial broker firms are part of the trade body, which now represents a total of 2,733 individual registered commercial finance credit brokers.
Ann Walsh, business development manager at the NACFB, said: “July marked our 25th consecutive month of membership growth, a testament to both the vibrant expansion of our industry and the strength of our Association.
“As the industry grows, it’s crucial for brokers to demonstrate their commitment to maintaining independent, nationally recognised standards of accreditation.
“We remain dedicated to supporting brokers in achieving this and will continue to work tirelessly to uphold these standards.”