FLA

Small Business Finance Directory has been launched in an orgy of self promotion with almost every online magazine carrying stories about this joint venture between National Association of Commercial Finance Brokers (NACFB) and Finance and Leasing Association (FLA) and the Asset Based Finance Association (ABFA)

It is supposedly “a brand new tool aimed at promoting access to vital funding” and it’s brief is to “help around 60,000 businesses find suitable commercial finance in its first year”

Having had a look at the directory it seems to be little more than a listing of all members of the three organizations with one or two non members added for good measure. Certainly in my own field most of the major factoring brokers that don’t happen to be members of NACFB aren’t listed and far from being designed to help business access suitable funding it seems designed more to make sure that they only find suitable funding via Association members.