FIBA workshops to feature live deal room

The Financial Intermediary & Broker Association (FIBA) has announced that its upcoming regional workshops will give brokers the chance to interact with partner lenders in a live deal room.

The FIBA regional workshop programme begins next month with events taking place in Manchester (10th April), Leicester (11th April) and north London (12th April).

The live deal room will allow brokers to pitch real cases to individual lender partner panel members and obtain a view as if from a credit committee, leading to a discussion on the broker requirements, what challenges the deal presents and finding the best route to drawdown.

Meanwhile, lenders will be able to demonstrate what kind of cases work for them and provide guidance on the best way to present a case.

They will also be able to give insight into different funding model appetites and constraints, and offer an understanding of the risk curve and how to manage expectations.

Adam Tyler, executive chairman of FIBA (pictured above), said it was pioneering a new approach to broker workshops through these events by bringing lenders and intermediaries into a much closer and collaborative relationship.

“The FIBA live deal room will enable participating brokers to pitch deals directly to decision makers and see in real time how they reach decisions and the factors they take into account.

“In order to make the session more interactive, we are considering an opportunity where deal particulars become available and put on a screen in real time.

“Much has been said about the importance of making sure that communication between lenders and brokers is improved.

“Part of our mission at FIBA is to ensure that our members have access to the best that lenders have to offer, which is why we are organising events like this, to manage expectations and educate all participants in a way that leads to closer ties and better business outcomes.”

To find out more about FIBA’s regional workshops and to register for the events visit the Association’s website.

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