Business Finance News

SBFA Launches Industry Certification for Small Business Finance Providers

SBFA Launches Industry Certification for Small Business Finance Providers
Certified Small Business Finance Professional will become industry standard

The Small Business Finance Association (SFBA) launched a new certification for the small business finance industry. The Certified Small Business Finance Professional (CSBFP) program will bring education and accountability to all providers of alternative finance products. The certification will require applicants complete a four-section training course, abide by industry best practices, provide industry references, pass an exam and be subject to a background check. The certification will also require applicants to complete continuing education classes every two years.

Top Globalfintechseries.com Insights: Paddle Integrates Alipay, Google Pay and iDeal, Empowering Software Businesses to Sell and Grow Globally

“This certification is a message to our customers that we want them to feel confident they are being offered fair capital options from responsible lenders,” said Steve Denis, the executive director of SBFA. “There are countless companies offering a proliferation of products and services and we believe it’s business owners deserve the comfort of knowing they are working with a certified professional.”

Browse The Complete News About Fintech : Jambojet Partners with Cellulant to Reward Customers with Discount Vouchers Ahead of the Christmas Season

The certification will require applicants to complete a course centered on understanding products, laws governing the industry and compliance. The certification exam will focus on testing applicants’ ability to understand key concepts and best practices. Those who become certified will be allowed to use CSBFP branding in their marketing materials, have access to key regulatory updates and gain entry to a networking platform that will allow them to connect to industry and legal professionals.

“Our goal is to offer a fully immersive experience for certified professionals. We don’t simply want to give them a stamp but provide them a way to connect, learn and grow beyond the initial education process. It’s in the interest of our industry to offer best-in-class professionals, but more importantly, it’s in the interest of better serving our small business customers,” said Denis.

Read More About Fintech News : Paga Partners with LISNR on Ultrasonic Authentication for Contactless Payments Across Africa

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Boost Payment Solutions And GHX Team Up To Drive Cost Savings To Healthcare Organizations

Fintech News Desk

Capterra Unveils New Study Highlighting Increase in Digital Banking Among Small Businesses

Fintech News Desk

BitPay Taps Simplex to Make BitPay App an All-In-One Solution

Fintech News Desk
1