Nat West

Natwest business banking working to show customers that there is another way

NatWest are proud to be working with Homematch to bring our services to the attention of even more business people. John Gell, NatWest Business Development Manager, said;

“We always strive to be market leaders for business people and this has been demonstrated by existing businesses switching their accounts and loans to NatWest. We focus on delivering services to small and medium sized business providing Commercial Mortgages, support for Residential and Commercial Investment Property purchases and Flexible Business Loans for property development as well as most other purposes. We have also seen great demand for our Mentor service, which is designed to help small businesses through the minefield of red-tape that confronts them daily.”

John is the main point of contact will all clients and will work with each client to:

  • Help understand what information NatWest needs to help build and shape a deal
  • Loan Amounts from £50,000 to £5 million
  • Loan to Values - Up to maximum of 80% (depending upon circumstances)
  • Competitive Interest Rates
  • Fees Negotiable

If you would like to find out more information about how NatWest can help you, please contact: John Gell NatWest – Commercial Lender of The Year 2007

* (Voted by NACFB) Nottingham City Business Centre 1st Floor, 16 South Parade Nottingham, NG1 2JS Mobile 07799 868338 (JavaScript must be enabled to view this email address)

To enquire about services offered on this page please contact us.

 

Open for Business

Despite what the media are saying about banks generally in the UK, RBS UK Banking has never been more serious about helping our customers. As number one for service we are leading the way and working closely with HM Government to provide practical help in these difficult times. In January we gave a commitment to increase lending to our UK customers in the SME (Small to Medium Size Enterprises) market by £6bn. This is being undertaken in a couple of innovative ways:

* Launch of £3bn of new funding nationally via SME Regional Funds.
This will result in each of the 12 regional Development Agencies across the UK being allocated £250m via a range of funding options individually tailored to their requirements.

* RBS/NatWest are fully participating in the Enterprise Finance
Guarantee (EFG) launched by the Government in January. The EFG is a facility to SME customers intended primarily to improve the availability of working capital and funds for business investment for those businesses that clearly demonstrate ongoing viability. The scheme will allow HM Government to guarantee 75% of the loan subject to the business having pledged all available assets.

Does your asset finance provider still support your business?

In these uncertain economic times we recognise the importance of providing your clients with ways to add value to your business. Our Lombard specialists can provide tax efficient products and ways to improve cash flow ensuring assets are working most efficiently.

RBS UK remains fully committed to serving it's customers. Your business matters to us as we are first and foremost a relationship bank. Please feel free to contact my Portfolio Manager Helena Bowes or myself to discuss how we could play a part in helping finance your clients business.

Deposits

With Bank of England Base Rate at 1% many people and businesses are finding their income reduced as their return from savings and deposits falls.
RBS/NatWest has recognised this is a major issue to some of our customers and has recently launched 2 new products to help address customers concerns:


* Unbreakable Treasury Deposits pay enhanced rates for deposits
between £500,000 and £25m. These are based on 6 month and 12 month terms.
Rates change daily but please refer to me if you would like more details.
Please note that these deposits are unbreakable.

* A new notice deposit account has just been launched providing
opportunity to earn beneficial interest rates for a fixed term ranging from 7-90 days. Please note that early breakage is possible but will incur a fee
of 0.1% of the amount withdrawn.

In summary it is difficult times for many of us in the financial services industry, however we will all have viable businesses that need support going forward. Whilst we will look to help our existing customers first we still believe there is an opportunity to take on good quality business from our competitors who are not being as proactive as ourselves. Unlike many competitors we continue to have an acquisition target, however I must point out that we are no longer looking to take on transactional business, particularly in the property sector. Essentially we are looking for trading businesses that clearly evidence ongoing viability but are unable to secure the relevant finance from their existing lender for expansion, or investment.

If you think we can help please contact me to discuss the proposal in detail to see if we can progress the deal further.

Regards.

John Gell
Manager
Commercial Banking, Nottingham  2009