Novuna Business Finance has launched a Block Starter Guide to help brokers who would like to become a funder. This comes at a time where new research from the Novuna Business Finance business barometer underlines how important access to finance is for the small business sector - with many trying to rebuild after the pandemic in the face of spiralling inflation and price rises.
The guide will prove useful to those brokers wishing to grow their business by funding the agreements themselves that they would normally outsource to a funder, enabling the business to self-serve its existing customers as well as potential new ones.
Richard Underwood, Block Manager said, “we are passionate about helping brokers who wish to step into the world of own book lending, especially at a time when finance is critical to small businesses.”
Janine Harman, Structured and Wholesale Manager commented “The Block Starter guide will offer pointers and considerations that will hopefully bring our brokers ambitions to become a funder to fruition. We’re really looking forward to helping our brokers and prospective customers begin their journey to help SME’s get the funding they need.”