The Commercial Asset Finance Brokers Association of Australia (CAFBA)announced that Macquarie Bank’s equipment finance division, Macquarie Leasing, received the CAFBA Financier of the Year Award at the industry association’s awards ceremony in Melbourne. It is a back-to-back win for Macquarie Leasing and its third CAFBA award win since 2003.

The CAFBA is the national industry body of the equipment finance industry. Its members represent around $6 billion in annual business volume and it and effectively self regulates with a stringent set of probity, education and conduct standards.

CAFBA President Mark Rayson made the Financier of the Year announcement to the crowd of brokers and financiers at Royal South Yarra Tennis Club, and the award was accepted by Macquarie Leasing’s regional director, Colin Dawe.

Up to 1,000 brokers and staff from CAFBA’s membership vote on the awards which cover lenders’ wholesale pricing and willingness to lend in the commercial vehicle and equipment finance market.

The CAFBA said this year’s runner-up, Westpac Equipment Finance, has also won the award three times over the last ten years.