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Commercial & Asset Finance Brokers Association

The national peak professional body of the equipment finance industry.

 

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Advocacy

Representing you. CAFBA advocates for the equipment finance industry to federal and state governments and the regulators on issues that affect our industry
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Training and events

Network and learn. From professional development days to web-based programs, CAFBA provides you with the knowledge and resources to help you succeed.
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Membership

As a professional commercial equipment finance broker, joining CAFBA will provide you with the skills and backing that only the peak national association can provide
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A Strategy Moving Forward.

Most of us will be back from a well-earned break and as we know it isn’t long before we are caught up in the “day to day activities” of our broking business. Whilst we have to do the operational stuff to make money I thought it worthwhile to share some of what CAFBA has undertaken “strategically” with some of the learnings from this process that can be applied to any business. Last year (as previously advised in CAFBA communications) a strategic review of CAFBA was undertaken by the CAFBA board (outside of our usual monthly board meetings). The purpose of this review was to put in place a formal strategy plan for the association into the future. Whilst CAFBA had grown strongly over recent years we hadn’t as a board taken time out of our monthly meetings to take a helicopter view of the association. So what were the keys to success in coming up with the CAFBA strategic plan for the period 2017 to 2020? From my view it was: Determining early in the process who should be involved. In this regard this included both internal and external parties to the association, Preparation – Before the strategy session, feedback was obtained from a group of members (our customers) and external parties (our suppliers - for example Banks/Financiers) with key questions on their impression of CAFBA and what they saw “looking in” from the outside. This provided valuable feedback that was presented at the strategy session.. A SWOT (Strengths/Weaknesses/Opportunities and Treats) was completed and a PEST – (Political, Economic, Social, and Technological) that identified factors of the external environment... read more

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