Simply Asset Finance joins the NACFB as Patron lender

4 November 2025

LONDON, November 2025 – Simply Asset Finance has joined the National Association of Commercial Finance Brokers (NACFB) as a Patron lender, further strengthening its commitment to supporting professional brokers across the UK’s commercial finance sector with flexible, tailored SME lending products.

The new partnership with the NACFB, the UK’s largest independent trade body for commercial finance intermediaries, represents an extension of Simply’s long-term investment in the broker community – recognising the critical role intermediaries play in delivering essential funding to businesses across the country, and driving growth in the SME economy.

NACFB members will have the opportunity to get access to Simply’s suite of technology-enabled asset finance and leasing products, allowing their clients to receive lending decisions within minutes.

Mike Randall, CEO of Simply Asset Finance, commented: “Brokers are the backbone of SME lending in the UK. Their insight, relationships, and reach ensure that businesses of all sizes can access the funding they need to grow and thrive.

“Joining the NACFB isn’t just about lending our support to brokers in words – it’s about taking action. The NACFB team have demonstrated that they are supporting the future of our sector, by building a platform where lenders and brokers can collaborate, share knowledge, and move our industry forward together.

“We’re proud to play our part in helping shape that future and look forward to collaborating further with the NACFB and its members.”

Jim Higginbotham, Chief Executive Officer of the NACFB, added: “It’s a privilege to now welcome Simply Asset Finance as a Patron of the Association. By joining the NACFB community, Simply is helping to lead the change our industry needs: championing integrity, collaboration, and the broker-led route to market.”

Earlier this year, Simply Asset Finance surpassed £1.75 billion in total loan origination since its 2017 launch, reporting £8.5 million in pre-tax profit and a £505 million gross loan book for FY2024. The milestone reflects sustained demand for flexible, asset-backed lending and underlines Simply’s continued growth, innovation, and commitment to supporting UK SMEs.

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About Simply Asset Finance

Founded in 2017, Simply Asset Finance was created to bring innovation, flexibility, and a customer-first approach to UK business lending. Since launch, the firm has supported over 12,000 businesses, facilitated more than 25,000 finance agreements, and reached over £1.9 billion in total loan origination. With a £505 million gross loan book and £8.5 million pre-tax profit for FY2024, Simply continues to scale its SME-focused operations, combining cutting-edge technology with expert personal service. The company recently migrated its loan book to Lendscape’s cloud-native open-API platform and expanded its funding capacity through partnerships with Bank of America and the British Business Bank’s ENABLE programme.

About the NACFB

Established in 1992, the National Association of Commercial Finance Brokers (NACFB) is the UK’s largest trade association for commercial finance intermediaries. Representing over 1,380 Members and more than 175 lender Patrons, the Association champions higher standards, stronger collaboration, and greater access to finance for the UK’s SMEs. The NACFB Assurance Standard, endorsed by the FLA, sets a benchmark for broker professionalism and compliance, providing lenders with renewed confidence in their intermediary partnerships.

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