Sector Focus
Finance
Sponsored by: Mahay Financial Services Sector Focus
It always pays to be insured
By Bally Chand Mahay Financial Services
Life insurance is a practical, affordable way to protect yourself and your family. Life insurance pays out a cash sum if you were to die within the term of your policy, providing peace of mind for yourself and your loved ones. Mahay can help you arrange
guaranteed premiums which will stay fixed throughout the length of your policy, unless you request otherwise or alter your policy (certain policies). So you can rely on your premiums being fixed for the full term of the policy. No nasty surprises, no hidden extras. There is no cash-in value to
a life insurance policy. If you outlive the term of the policy or decide to stop paying premiums into the policy, the policy will end and you will not receive a payout. Some life insurance policies
come with terminal illness cover at no extra cost. If you are unfortunate enough to be diagnosed with a terminal illness (12 months or less to live) your policy will pay out after your diagnosis, rather than on death. If you are unsure how life
insurance works, don’t worry. Call one of our trained advisers who will be happy to talk you through your options and explain how your new policy will benefit your family.
T: 0121 551 7676 F: 0121 551 6274 M: 07900 545726 E:
bally@mahaysolutions.com W:
www.mahaysolutions.com
Bank’s UK fortunes continue to prosper
Handelsbanken, which has a branch in Birmingham, is continuing to enjoy a solid performance in the UK during 2017. The 145-year-old bank says it is
seeing strong growth in banking and wealth management business and is looking forward to building on its 2016 performance. During 2016, the bank reported
MEMBER OF THE NATIONAL ASSOCIATION OF COMMERCIAL FINANCE BROKERS
Mahay Financial Services is a trading style of Mahay Solutions Limited. Mahay Solutions Limited is authorised and regulated by the Financial Conduct Authority. FCA number 673400.
54 CHAMBERLINK September 2017
strong growth in the UK, with net lending to UK individual and corporate customers increasing by 11 per cent to £17.17 bn. At the same time, customer deposits rose 22 per cent to £10.59 bn. The bank’s UK branch
The latest news from the sectors that matter to business Funding heroes help SMEs
Wesleyan Bank has launched a new asset finance funding initiative as part of its drive to help SMEs grow and compete against larger, more established competitors. The specialist commercial finance provider has
pledged to make an additional £50m of funding available to businesses who are specifically seeking finance for asset-related purchases. The new 'Asset Heroes' initiative will run until 31
December 2017 and UK SMEs from any industry sector are eligible to apply for funding. Wesleyan Bank offers flexible short-term and long-
term finance solutions to enable SMEs to invest in IT software and hardware, plant machinery, office
equipment in addition to building refurbishments and relocations, by spreading the cost over a period from one to five years. Steve Deutsch, chief executive of Wesleyan Bank,
said: “Given the uncertainty surrounding Brexit, it's only natural for small businesses to be cautious about making a financial investment. “However, investing in new assets can often be the best way to boost revenues, attract and retain customers and strengthen a firm's competitive position. “As a bespoke provider of commercial finance solutions, UK SMEs can be reassured that we are committed to assisting them to access the assets they need to prosper as efficiently as possible.”
Firm hatches a plan for start-ups
Accountancy firm Moore Stephens is inviting applications for its new ‘Hatched’ programme, which provides tech start-ups with full service business support and expertise for a fixed fee of £295 per month (excluding VAT) to move to their next stage of growth. Moore Stephens says that the
two-year programme will be open to 35 early stage technology companies and will offer a unique blend of accountancy and tax services, combined with a structured programme of business support. Ross Northall, partner at Moore
Handelsbanken’s Birmingham team
operations managed to deliver a six per cent year-on-year increase in operating profit. Tony Hall, branch manager for Handelsbanken in Edgbaston, said: "It
is pleasing to see another strong set of results for the bank in a changing and challenging financial climate. Just as important however are our continued excellent customer service results. It is essential to us that our customers continue to enjoy the relationship that we have with them as they are undoubtedly our best ambassadors."
Stephens in Birmingham, said: “The demise of Government-backed initiatives such as GrowthAccelerator meant that tech start-ups have been left short of affordable advice – that’s where Hatched comes in. “Hatched will give early stage
tech businesses the tools they need
to attract and retain customers, secure investment and take care of the compliance and legal issues that might be holding them back from spending time on what they do best – growing their business.”
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72
