On the road to achieving your dreams you must apply discipline, but more importantly consistency, because without commitment you’ll never start but without consistency you’ll never finish.”
Fiducia Group, Mission Statement, 2023
. . . Noun: Trust, faith, confidence, credit
“Dreams without goals are just dreams and ultimately, they fuel disappointment.
The Fiducia Commerical Network is part of the Fiducia Group, a UK leading provider of financial services for more than 20-years. The Network is a commercial finance ‘Appointed Representative’ (AR) network which allows independent operators to provide commercial finance options to their existing client base.
It means there is no requirement to be individually authorised by the Financial Conduct Authority - because each member of the Network is able to operate under Fiducia’s FCA regulatory umbrella.
The Fiducia Commercial Network is open for anyone to join - subject to due diligence, onboarding and training.
The Network includes former commercial bank managers, residential mortgage brokers with commercial clients, finance brokers, accountants, solicitors, tax advisers and property developers.
It provides the opportunities for those professionals to provide a full range of commercial finance solutions by acting as an ‘AR’ with the full support of the Fiducia Group.
Finance Options Include:
• Commercial Morgages
Members of The Fiducia Commercial Network have access to an extensive range of commercial finance options. It enables them to offer financial solutions to their existing clients with the complete backing of Fiducia Group professionals including business support, compliance, system and admin support.
• Bridging Finance
• Propery Investment
Network members also receive PI Insurance and membership to the National Association of Commercial Finance Brokers (NACFB)
• Development Finance
• Business Loans
• Invoice Finance
• Trade & Supply Chain
• Asset Finance
• Vehicle Solutions
Our vision is to build manage and protect wealth through comprehensive and holistic financial planning and advice
The Fiducia Commercial Network was created to enable SMEs to benefit from a holistic financial planning - across both personal and business needs.
There are an estimated 5.6 million SMEs in the UK, accounting for almost the entire business makeup (99.9%) and covering half of the UK economy’s total turnover.
In 2020 it was estimated they held £252 billion in cash balances whilst 75% carried debt of around £213 billion in the same year.
That provides enormous opportunities for ARs to develop.
£20,467
Monthly average transaction income from our top full time commercial broker
47%
Of which are broker fees - demonstrating a willingness to pay from SME’s
£100m
Team has helped clients to source £100m of loans YTD
£2,670
Average per month network retain based 85:15 split
£4.25 billion
• Based on an assumption that 33.33% AR earnings in fees are lender fees
• An average lender pays fees of 0.5% of the loan amount
• An average transaction size is £458,582 (based on fgures from NACFB)
Total new borrowing sourced for SMEs (Based on assumption that at least two transactions are done by each client)
• 9,280 transactions would have completed over the period (4.25bn / £458,882)
• Helping 5,000+ SMEs and business owners
Any professional with a ‘lead source’ from an existing client bank or network is a perfect candidate to join the Fiducia Commercial Network.
Some may already be handling over commercial finance leads to a ‘third-party’ broker for a client that, as an AR, they could do manage themselves with the support of the Fiducia Commercial Network.
No formal exams or experience is required to become a Commerical AR - and membership to the Network allows them to organise their own commercial finance without employing advisors and maximise income opportunities with existing clients.
Firm with 40 franchise ofces in the UK decided to ofer commercial brokerage to existing clients. Franchise ofces now feed leads into the new Commercial Brokerage, operating under Fiducia Commercial Network umbrella.
Advises on development opporunity and hands leads to third pary joined Fiducia Commercial Network as AR and now provides clients with commercial fnance options and retains the leads.
• FCA Authorisation, including all regulatory reporting
• Training and set-up support while application is authorised
• PI Insurance - a significant saving on its own
• Compliance, Admin and Finance support
• NACFB membership - unlocks a whole of market panel of commercial finance lenders
• System support with a CRM and sourcing system plus white label documentation
• NO UPFRONT FEES to join Fiducia Commericial Network
• Full direct access to BDMs at our entire ‘whole of market’ lender panel with direct access to internal Fiducia broking team for business support with cases
Lenders want to lend - and your investment could bridge this for SMEs that need your expertise
Members of the Fiducia Commercial Network have access to an Online Portal. The Portal contains a library of materials designed to introduce ARs to the Group with contact details, examples of documentation and Application Forms.
This library of documentation is regularly updated to ensure the AR Network has the very latest information for clients.
The Fiducia Commercial Network is supported by Optimus Commercial - a cutting edge digitalised commercial lending sourcing system.
This system was created from the ground up by the Fiducia Group, developed by brokers for brokers to become the first of its type.
Optimus Commercial has the ability to source the market in seconds, provide evidence decision track, it lists all incompatible lenders and sources whole of market options.
Members of the Fiducia Commercial Network have access to the full range of products and services offered by the Fiducia Group.
The Group of companies provide a vast range of financial services including professional and personal provisions.
From commercial and domestic mortgages to wills, estate planning, investments, personal protection and more.
It allows AR members to be able to provide commercial clients with the most complete range of financial solutions, working in partnership with our in-house regulated team when required.
Fiducia Commercial Solutions is our in-house finance brokerage. We employ a team of experts working to source independent and impartial business finance and property solutions for the AR Network. Our team source best outcomes from a ‘whole of market’ panel of lenders including:
• High Street Banks
• Challenger Banks
• Product Specialist Lenders
• Peer-to-Peer
• Fintech
Fiducia Mortgage Solutions provide specialist mortgage advice. Our team provide a comprehensive range of mortgages from a variety of lenders to suit clients needs and requirements. Working for clients, not the lender, our clients gain access to huge range of mortgage products at competitive rates.
There are NO FEES for the initial consultation and solutions are tailored for a wide range of clients including:
•First time buyers
•Remortgages
•Buy-to-let Mortgages
•Home Movers
•Teacher Mortgages
•Military Mortgages
The Fiducia Group of companies was founded in 2001 by Marcus Grimshaw and Anthony Scott.
The former commercial and private bankers have assembled a team boasting more than 150-years of financial expertise and exceptional portfolio management.
Marcus has chairmanship experience of the NACFB with a track record of working within the RBS Group and has held board positions within the Openwork Partnership.
Anthony has held senior roles at Lloyds TSB and RBS Group.
Marcus Grimshaw CEO
Anthony Scot, ACIB DipPFS, Managing Director
We work with our network Appointed Reps in a collaboration and partnership – with a straightforward model of a monthly subscription to the network proposition, plus deal split on all revenue generated from the commercial finance funding that you arrange.
E-Mail Laura Sneddon today at laura.sneddon@fiduciagroup.co.uk and start a conversation about how we can work together in commercial finance.
