Perspective boosted by £3.5m finance facility

clock

IFA consolidator Perspective Financial Group has raised a finance facility of £3.5m to fund further acquisitions.

It has raised the money through one of its existing backers, Lloyds Bank Wholesale Banking and Markets. Damian Keeling, managing director of Perspective, said: "The continued commitment from Lloyds Bank Wholesale Banking and Markets with this new facility is a further vote of confidence in what we are achieving here at Perspective. "We presented a three-year business plan to the bank and its strategic debt team has developed a strong funding package that will help us achieve the initial aims and objectives set out in that document." Perspective currently operates out of 20 offices,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Women in Financial Advice Awards 2024: One week left to nominate!

Women in Financial Advice Awards 2024: One week left to nominate!

Awards ceremony on 6 November at London’s Marriott Grosvenor Square

Professional Adviser
clock 25 April 2024 • 1 min read
Compliance-focused adviser generation 'lost the human touch'

Compliance-focused adviser generation 'lost the human touch'

‘Now there's soft skills training but advisers naturally did it back then’

Isabel Baxter
clock 24 April 2024 • 2 min read
Advice firms face data challenges amid new regulation

Advice firms face data challenges amid new regulation

Firms face challenges in collecting data and due diligence processes

Sahar Nazir
clock 24 April 2024 • 1 min read