NACFB and Hitachi unveil broker apprenticeship scheme

The National Association of Commercial Finance Brokers (NACFB) and Hitachi Capital Business Finance are teaming up to launch a joint apprenticeship scheme.

Apprentices will train for 12 months to gain qualifications as an independent broker or join an existing brokerage at an experienced level.

Hitachi will cover the cost which will include six months in-house at Hitachi’s office in Staines and six months with a commercial finance broker. Apprentices will also get regular day release sessions with the NACFB in London.

NACFB chief executive Adam Tyler said: “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.”

Gavin Wraith-Carter, general manager at Hitachi, said: “We have ensured the best training programme possible at a time when technology is changing the way brokers manage their business to deliver the specific skills this role requires. 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.”