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Sesame Bankhall Group Partners With CAF Bank

Sandra Kilhof Reporter London 6 November 2013

Sesame Bankhall Group Partners With CAF Bank

UK-headquartered Sesame Bankhall Group has partnered with CAF bank, giving PMS members and appointed representatives of the Sesame network access to CAF loans.

Wholly owned by the Charities Aid Foundation, the bank provides loans to not-for-profit organisations, including social enterprises, housing associations, care homes, churches and other faith-based groups.

“With a growing number of our members’ customers having links with charities and social organisations, partnering with CAF Bank is part of our ongoing strategy of providing advisers with a wide range of products they can offer to their customers,” said John Cupis, managing director of mortgages at SBG.

CAF Bank’s offerings include commercial mortgages, re-financing, property purchase and property development, with loan offers ranging from £100,000 ($160,840) to £2.5 million.

Earlier this year, SBG said that it had nearly doubled its trading profits to £4.1 million in 2012 from £2.2 million in 2011.

 

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