The National Association of Commercial Finance Brokers (NACFB) has created its first apprenticeship scheme in partnership with asset finance provider Hitachi Capital.
The project will provide training and enable the apprentice, post-training, to establish themselves as an independent broker.
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Hitachi Capital Business Finance will cover the cost of the training for 12 months. The apprentice will divide this time period between an in-house position at Hitachi Capital Business Finance and a commercial finance broker. This will be supplemented with day release sessions on a regular basis with the NACFB in London.
Adam Tyler, chief executive at the NACFB says: "We recognise at the NACFB, that there is a need for young talent to come through, the average age of our commercial finance brokers is increasing and we need to invest in new talent for the future. The cost of training can be prohibitive, so being able to finance a talented individual is something we are proud to be able to offer".
General manager at Hitachi Capital Business Finance, Gavin Wraith-Carter, said: "With insight from a funder, a broker and with continual hands on support from our industry body, this individual will receive an exceptional start to a career within the asset finance market. It is vital we continue to support apprenticeships and hope the industry will continue to get behind the serious talent coming through."
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