A broker’s journey – Nic Franklin, Franklin Commercial Finance Ltd. (Synergy)

“It was a doddle"This is how Nic Franklin, described his experience of brokering a deal for his client utilising Pension-led funding. The client's  situation:The client came to Nic looking for a £650k development loan to build commercial premises on a site they had already purchased using their own cash via their development company, GDV £1.1m. They had secured a 15-year pre-let to the Coop & the intention was to sell the investme...
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Would you dip into your pension pot to start a business?

This was the question that was asked in a recent "This is Money" feature.The article focused on Pension-led funding, and how we are supporting entrepreneurs over 50  to fund SMEs. Recent data from the Office for National Statistics showed that so-called olderpreneurs have set up more businesses than any other age demographic in the last decade.Entrepreneurs over 50 have risen by more than 700,000 from 1.47 million in September 2008 to almos...
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Averting catastrophe

Pension-led Funding Chairman, Adam Tavener, discusses concerns raised in a recent report commissioned by The All Party Parliamentary Group on Housing and Care for Older People.We recently set out proposals to HM Treasury designed to get many more millennials into home ownership sooner, as well as getting them engaged with and enthused by pension savings.I won't go over all that again, our ideas around allowing first time buyers to save for a depo...
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Is unsecured finance as unsecured as you think?

In this blog, Tom Whitlock discusses potential risks often overlooked when taking out a personal guaranteed loan.As the alternative commercial finance market continues to grow, every week there seems to be a new lender willing to offer finance on an unsecured basis. To the business owner, this leaves business assets unencumbered for other borrowing, and leaves no charges on their family home. This can be very attractive to many business owners, w...
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Another Clifton initiative hitting the headlines

At Clifton Wealth Management we are passionate about making pensions relevant and engaging for young adults starting out on their career paths. By helping them to get onto the property ladder much sooner than they ever thought possible would go a long way to do exactly that.Last year, we put together a detailed proposal to HMRC, catchily titled “Accelerating home ownership for first time buyers and increasing pensions engagement amongst the you...
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