The Association of AlternativeBusiness Finance (AABF) was established in 2017 and provides the UK’s diverse range of alternative lenders with a unified and more influential voice.
It has a strong focus on devising and promoting the best standards of industry practice under four key Operating Principles - Transparency, Responsibility, Fairness and Security.
All members appreciate that awareness of alternative finance options amongst SMEs remains a major issue and the AABF's distinctive logo is designed to inspire confidence and highlight that members adhere to the commitments that underpin the association's Operating Principles.
Excellent working relationships have been established with influential industry bodies and Government All-Party Working Groups. The AABF is now regularly asked for input on key industry policies and issues and is working closely with the Confederation of British Industry (CBI) through its SME Council alongside other prominent Trade Associations.
To provide a single, more powerful, and influential voice to ensure the vital role alternative lenders must play in supporting UK SMEs is understood and valued.