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.