Delight for Wolverhampton loans specialist shortlisted for national award
A not-for-profit Wolverhampton business lender is in the running for a national award recognising socially responsible finance firms.
BCRS Business Loans has been named as a finalist for the Community Lender of the Year award at the 2024 Commercial Lender Awards, organised by the National Association of Commercial Finance Brokers (NACFB).
The Wolverhampton science park based organisation provides funding to businesses that are struggling to access finance from traditional lenders, offering loans from between £10,000 to £250,000 to support growth and recovery plans and adding almost £30m in value to the economy in the last financial year, according to the firm's most recent figures.
Recognising and honouring lending excellence within the industry, the NACFB encourages members to enter the annual awards to “showcase their exceptional talents and the positive impact they have on the brokers and businesses they serve”.
The awards shortlist, determined by an independent panel of judges with knowledge of the commercial finance industry, was decided after more than 300 entries were submitted.
BCRS Business Loans chief executive Stephen Deakin said: “We are delighted to be named a finalist for Community Lender of the Year at the NACFB’s 2024 Commercial Lender Awards. Being judged by experts in lending to be among the companies bringing positive change is a validation of the team’s hard work so it means a great deal to make the final shortlist.
“We look forward to joining lenders from across the industry in celebrating the success stories of our industry and the impact we make collectively.”
The next step in the process sees NACFB Member brokers vote to select the winners in each category, to be announced at an awards ceremony at London’s Westminster Park Plaza on November 28 set to be hosted by TV presenter Kirsty Gallacher.
