Broker Council seeks to promote responsibility to better serve small businesses
WASHINGTON, Jan. 10, 2019 /PRNewswire/ — The Small Business Finance Association (SFBA) today announced the SBFA Broker Council Board of Directors. The Council is a newly formed initiative composed of alternative finance brokers who are dedicated to helping small businesses secure fair and responsible capital. The Council is co-chaired by Jared Weitz, founder & CEO of United Capital Source and James Webster, CEO & co-founder of National Business Capital. The new additions to the board include Peter Ribeiro, CEO of US Business Funding; John Celifarco, Managing Partner, Horizon Financial Group; and Stephen Sheinbaum, President and CEO, Circadian Funding.
“Our mission is to create standards and a certification for brokers who believe in fair and responsible business practices,” said Jared Weitz. “We are committed to working with policymakers to show them the important work we do for small businesses and help highlight bad practices in the industry that should be eliminated.”
“Small Business owners put a lot of trust in brokers while we help them find capital they need to grow,” said James Webster. “It’s critical we provide them with the security of knowing that an SBFA member is committed transparency and fairness.”
SBFA is a non-profit advocacy organization dedicated to ensuring Main Street small businesses have access to the capital they need to grow and strengthen the economy. SBFA’s mission is to educate policymakers and regulators about the technology-driven platforms emerging in the small business lending market and how our member companies bridge the small business capital gap using innovative financing solutions. The SBFA is supported by companies committed to promoting small business owners’ access to fair and responsible capital.
“It’s not only important for our industry to highlight the positive impact we have on American business but also to educate our customers about the bad actors in our space,” said Peter Ribeiro. “It’s important to the success of our business to ensure customers are funded with products backed by responsible capital.”
“Our customers not only want responsible and efficient funding, they want to know they are working with brokers they can trust,” said John Celifarco. “Joining the SBFA is a message to small businesses that we’re serious about promoting fair and transparent funding options.”
“Building a company based on responsible business practices is in the best interest of our company and the businesses we serve,” said Stephen Sheinbaum. “It’s our goal to ensure any SBFA Broker Council members share this philosophy.”
The Small Business Finance Association (SBFA) is a not-for-profit 501(c)6 trade association representing organizations that provide alternative financing solutions to small businesses.
SOURCE Small Business Finance Association