Best-fit for SMEs: UK Guild aims to shape the future of business finance [Yahoo! Finance]
CLOSE BROS GRP UNSP/ADR (CBGPY)
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Source: Yahoo! Finance
the UK market by promoting best practices, professionalism, and ethical standards. Jeremy Weltman explores its mission and the vision of its founders. The Guild of Business Finance Professionals is a new not-for-profit organisation, launched in June in London, to represent independent finance brokers and intermediaries. Stephen Bassett, the Guild's chairperson, alongside vice-chair Trevor Pirie and other industry figures, identified a gap in the corporate finance market. They realised that, unlike consumer finance, the business finance sector lacked a professional organisation to serve individual practitioners. Since its launch, the Guild has attracted 50 members from over 40 firms, with expectations of steady growth. Members must be qualified, experienced professionals and recommended by peers. Each member is vetted and required to follow the Guild's guidelines, promoting best practices and raising industry standards. The Guild aims to protect both lenders and borrowers by prov
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