A new industry qualification designed to raise the professional standard of commercial and asset finance broking has officially launched, following its announcement at last year’s national industry conference.
The Finance Brokers Association of Australia (FBAA) has now detailed the education pathway for brokers to earn the Certified Finance Broker (CFB) designation.
The program aims to provide brokers with the technical knowledge needed to succeed in commercial and asset finance, and is exclusive to the FBAA.
FBAA’s national commercial and asset manager, Steve Ragany, noted that while many brokers have expressed interest in expanding into this area, few have taken meaningful steps to do so.
“This is the best opportunity any finance or mortgage broker will have to learn the technical skills behind success in this field, as becoming a CFB will be the industry standard,” he said.
The qualification has been formally ratified by the Australian Competition and Consumer Commission (ACCC) and marks a significant development in broker education.
Ragany emphasised the need for brokers to understand the distinct differences between commercial broking and asset finance—something this new training program is designed to clarify.
“Being a CFB is now the gold standard in this area of broking and the program will include three prerequisites, with the first available at our upcoming 2025 Commercial and Asset Finance Masterclass National Tour,” he said.
The masterclass, which begins on 13 May, will travel to Melbourne, Perth, Brisbane, and Sydney.
The event is open to all brokers—regardless of whether they are enrolled in the CFB pathway—and offers a comprehensive introduction to the commercial and asset finance sectors.
Attendees can expect a dynamic agenda, including expert speakers, skill development opportunities, and insights into new funding channels.
The event also provides a platform for brokers to strengthen relationships with lenders, diversify their offerings, and engage with peers and industry leaders.
For those pursuing the CFB qualification, the masterclass also includes the first prerequisite course, “Mastering cashflow.” This will be delivered by Accendo, one of three educational partners collaborating with the FBAA on the certification. The other two are CFMIA and AAMC.
FBAA managing director Peter White AM said he is proud to see the association take the lead in setting the standard for professional excellence in this space.
White added that as the industry association that “represents the largest number of commercial and asset brokers”, he is “proud to equip these brokers with the skills and knowledge to succeed”.
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