Broker associations to collaborate on education, advocacy, regulatory and research matters
The Commercial and Asset Finance Association of Australia (CAFBA) is joining forces with the US-based National Equipment Finance Association (NEFA) to foster cross-border collaboration.
The two associations signed a Memorandum of Understanding (MoU) that will see them collaborate on numerous initiatives to the benefit of their members.
These include:
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Cross-promotion and engagement opportunities
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Reciprocal membership access for both membership bases
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Joint research initiatives “focused on industry advancement, including the ethical and effective use of artificial intelligence in finance broking”
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Educational and professional development programs
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Collaboration on advocacy and regulatory matters
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Sharing of data, insights and best practices
“By joining forces with NEFA, we are creating a bridge between two thriving finance communities,” said CAFBA chief executive David Bushby (pictured). “Together, we will advance education, professionalism and advocacy on a global scale, to better serve brokers, lenders and clients alike.”
NEFA chief executive Chad Sluss added: “This partnership marks an exciting step in expanding NEFA’s global reach, in aligning with CAFBA to share knowledge, insights, and opportunities that benefit our members and strengthen our community worldwide.”
