British Loan Brokers Association launches
The British Loan Brokers Association (BLBA) has announced the ’soft’ launch of their new trade body for brokers.
BLBA has been set up with the intention of representing brokers interests at a grass roots level and aims to deliver more income opportunities for every member firm. There will be a new chairman every year, voted for by members and quarterly business update meetings in England, Scotland, Wales and Northern Ireland.
BLBA aims to become the leading referral partner to other sectors of the finance industry and will work closely with lenders and other product providers to develop bespoke products and services.
Spokesperson for BLBA, Steven Reeves says: “Whilst there are other trade bodies who serve the broker market, our objectives are very different. We are not interested in lobbying government or trying to change legislation, our aim is simply to deliver greater value to brokers by identifying and developing new income opportunities.
“All brokers who join BLBA will have to meet our rigorous standards and adhere to our guidelines so that being a member of BLBA will become a benchmark for quality, ethical and professional standards in the world of loan broking, ensuring that consumers, lenders and product providers who deal with our members, receive only the very best service”.
More details at www.blba.co.uk