Marvin OnumonuAllica Bank is set to launch a fully funded educational programme for brokers, marking five years of working with the broker market.
The scheme will start in September and is aimed at showing appreciation for brokers’ contribution to Allica’s growth.
A recent survey of 414 brokers found 90% rated their overall experience with Allica as ‘Excellent’ or ‘Good’.
The programme will fund 50 places on a Level 3 Certified Practitioner in Specialist Property Finance course, run by the Walbrook Institute of London.
Allica will also offer further training including its gold sponsorship of the Specialist Finance Academy, a webinar hosted by Rosalia Lazzara from Manuka Media, a market update led by economist Trevor Williams, and asset finance training focused on financial analysis.
Nick Baker, chief commercial officer at Allica Bank, said: “Building out Allica’s commercial finance proposition and becoming a multi-billion pound lender over the past five years has been a real privilege, and there’s still so much to come.
“Our broker community has been – and will always be – such an important part of the Allica story, so this is about showing our appreciation and giving back something meaningful.”
Rosalia Lazzara, CEO of Manuka Media, said: “I’m proud to be partnering with Allica Bank to mark their five-year milestone with an initiative that truly champions brokers.
“In an industry where brokers are often left to navigate challenges alone, Allica’s commitment to providing practical tools and dedicated support is a breath of fresh air.
“By hosting the upcoming webinar as part of this initiative, I’m excited to help equip brokers with knowledge and strategies that will empower them to raise the bar and level up their business.”
Lazzara added: “It’s inspiring to see a lender genuinely invest in its broker community, and I’m honoured to play a part in driving this positive change.”
Dominic Williams at ASC Finance for Business said: “When Allica first opened its doors, it filled a real gap, not just with its lending, but in how it treated us as brokers.
“Allica’s progressive policy in commercial finance was very welcome and as a result I think we provided one of their very first commercial lending clients, which all went through smoothly and gave a great first impression.
“Five years ago, face-to-face time with a bank was becoming non-existent, so support like this, where we can track the progress of deals and interact with the lending team including underwriters, was a breath of fresh air.”
Williams added: “This initiative shows what’s possible when a bank listens and encourages brokers to grow alongside them.”
Michael Mann, broker business development director at Allica Bank, said: “Allica set about building this programme not just for brokers, but with them.
“We spent time listening to what they actually need in terms of practical support, real-world insight, and opportunities that make a difference in their day-to-day work.
“Whether they’re just starting out or already established, we want this to be something that helps brokers to grow their business.”
