Unity Wealth Management

Unity Wealth Management is a family-run independent financial advisory firm based in Hampshire. Director Greg Simkin and his team deliver financial planning services for private clients and pride themselves on delivering honest financial advice.

An increase in people seeking financial advice

The pandemic is creating a great deal of economic uncertainty, making it difficult for individuals to make key decisions about their finances. This has meant that Unity Wealth Management has been experiencing an increase in the number of people seeking professional support.  

Greg and his team needed funding to facilitate the business's impressive growth – but more importantly, to keep helping as many people as possible during such a precarious time.  

Greg explains that Unity Wealth Management doesn’t believe in a ‘cold’ financial management approach. Instead, the team favours working collaboratively with clients to manage investments and pensions, working together “using various tax allowances and strategies to get them into a good position for their financial future". 

During the first lockdown in March 2020, thinking about both their own financial future and their clients’ was daunting yet necessary. 

Greg admits: "It was a difficult period for everyone, so we tried to be helpful and supportive, and be available to talk to people and reassure them as best as we could. Those are the things that you can deliver on. I think the staff and I did a pretty good job over that period". 

Finding funding to support continued growth

Greg reached out to Funding Options for support with exploring finance options for his business’ “expansive growth plans”, which included an acquisition strategy. 

At the time, the firm was acquiring another IFA, had signed an exclusive contract for six months and were in the process of going through due diligence.

With Greg and his team poised to help as many clients as they could, he needed funding quickly in order to achieve his firm’s goals. Greg knew all too well that the best-laid plans can become derailed by onerous and demanding application processes, realising that, "if you go to a standard high street bank, it can take forever and a day to get funding".

Using Funding Options to get a CBILS loan 

Senior Finance Specialist Joe helped Greg access a CBILS loan from Funding Circle. Greg was incredibly impressed with the seamless nature and overall speed of the time taken between applying for finance and funding being approved.  

"I can’t believe how easy it was, it was just incredible. It probably took me 20 minutes to put together the documents and then Joe went and sourced the finance. I think it was 24 hours in total,” says Greg.

Having a finance specialist working on your side can provide a great deal of reassurance. For Greg, it was the fact that "everything Joe said he'd do he delivered on. There were no false promises and it gives you peace of mind to know the goalposts aren't going to move”.

Whether you’re ready to apply for your first CBILS loan like Greg, are eligible to take out a second CBILS facility or are seeking an alternative finance option, our team of experts are ready to help your business find the funding it needs.

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