Wesleyan Bank – Finance solutions for your practice and clients
Specialist and flexible finance solutions for accountants in practice or business and their clients.
End of ICAEW offer
Please be aware that as of 31 December 2019, ICAEW members will no longer be able to access Wesleyan Bank’s products and services via ICAEW Member Rewards.
If you are a current Wesleyan Bank customer, the terms and conditions of your present agreement will not be effected. Wesleyan Bank will continue to provide you with excellent service and honour the original terms and conditions agreed to by both parties.
If you would like to discuss your situation, please contact Wesleyan Bank on 0800 980 9348.
Wesleyan Bank provides specialist tailored finance solutions to accountants in practice, business and their clients.
We work with you every step of the way to support your business in its growth ambitions. Whether you are looking for short-term cash flow support or for finance to invest in the future through acquisition, commercial mortgage or investment in the latest technology, Wesleyan Bank are here to support your needs.
As Member Rewards Partner to the ICAEW, you can rest assured that the quality of service and reliability of funding you can expect from Wesleyan Bank will be second to none.
Types of funding
Wesleyan Bank can provide a range of commercial finance solutions for your practice, including:
If you’re looking to extend your practice, Wesleyan Bank can help support your future growth with a funding solution, allowing you to spread the cost of acquisitions over time.
If your business or client is looking to purchase a new premises, consider talking to Wesleyan Bank about a commercial mortgage to support your move.
Partner Equity Loans
Looking to increase or purchase equity in your practice? Wesleyan Bank can support you in your next career move allowing you to spread the cost of buy-in over a period of up to 15 years.
Greater expectations of customer service, increased competition or even new legislation means it is often necessary to invest in major renovations or revamping of practices. This includes investing in specialist equipment for your practice. Commercial loans from Wesleyan Bank are typically available from £5,000 for these purposes allowing you to spread to cost over a period of up to 5 years.
Upgrading your IT solutions can be costly, particularly when you consider the cost of not only the hardware or software, but also installation, training and ongoing support and maintenance packages. Wesleyan Bank can help you spread the various costs of transforming your IT, all in one flexible plan.
Avoid HMRC automatic penalty surcharges and spread the cost of your tax bill into manageable monthly payments by financing your tax bill. We can arrange payment of your finance directly to HMRC or if you have already made your tax payment we can still look to finance your payment retrospectively. We can spread the cost over either 6 or 12 months.
Quarterly VAT payments can cause cash flow spikes which could be managed more effectively with regular monthly repayments. As one of the leading providers of specialist funding solutions, we can arrange finance for single quarters or provide a multi-quarter facility for the year.
Do you have a client that would benefit from a finance solution? We work with customers in all kinds of sectors from Healthcare to Manufacturing, Legal to Recruitment and beyond. No matter the requirement, we can work with you and your client to deliver an added value service to your portfolio, exceeding your clients’ expectations with our reliable and dedicated finance.
Wesleyan Bank acts both as a lender and a broker.
SME attitudes to finance
Wesleyan Bank recently carried out a survey to over 500 SMEs to find out how they feel about utilising commercial finance to support their businesses. Download the report to find out more about the extents your clients would go to uncover capital for their businesses, as well as what finance options they are familiar with, and which ones are a complete mystery.
For more information on how Wesleyan Bank could help you achieve your practice’s growth ambitions, contact one of our account managers today.
The Financial Conduct Authority does not regulate Commercial Mortgages.
Depending on the circumstances and where required by law, loans will be regulated by Financial Conduct Authority and the Consumer Credit Act. Written quotations are available on request from Wesleyan Bank Ltd. Credit facilities are subject to status and only available to UK residents over the age of 18. Wesleyan Bank Ltd reserves the right to decline any application. The Financial Conduct Authority does not regulate Commercial Mortgages.
Wesleyan Bank Ltd (Registered in England and Wales No. 2839202) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services register No.165116). Registered Office: PO Box 3420, Colmore Circus Birmingham B4 6AE. Tel: 0800 358 1122. www.wesleyanbank.co.uk . Telephone calls may be recorded for training and monitoring purposes.