The Cumberland adds new sectors to commercial offering

Published on

The Cumberland Building Society has expanded its commercial offering to cater to a range of new sectors, in order to support businesses across the North of England and Scotland, with its ‘Kinder Banking’ strategy.

The society has over 20 years’ experience in supporting businesses in the hospitality sector, and is now expanding its operations to serve the healthcare, professional services, and food & drink sectors.

With its head office in Carlisle, the Cumberland will provide services including mortgages, current accounts, and business savings accounts to these new sectors.

RANGE OF FIRMS

By expanding its commercial offering, the Cumberland is seeking to help a broader range of businesses across its core areas of Cumbria and Northwest England, the Northeast of England, Scotland and Yorkshire.

Businesses operating in the Cumberland’s new sectors, who are looking for financial support, will be supported by the Cumberland’s 28-strong commercial team.

Dentists now catered to by the Cumberland

The Cumberland’s expansion into new sectors opens its services to a broad range of business types, including care home operators, dentistry practices, veterinary practices and children’s nurseries under the healthcare category.

Accountants, solicitors, and surveyors from the professional services sector, and food and drink manufacturers, retailers, and wholesalers, will also be able to benefit from the services provided by the Cumberland.

“At the Cumberland we believe in responsible banking that puts people first”

As part of its Kinder Banking philosophy, businesses across the Cumberland’s new commercial sectors provided with a relationship manager, who will work proactively to understand their needs with a view to help during any situation, whether it be good or bad.

Scott McKerracher (pictured), head of commercial at the Cumberland, said: “At the Cumberland we believe in responsible banking that puts people first. This approach has served us well for more than 170 years and so it’s great that we can now roll this out into new sectors.

“It is a natural progression for us to expand into different sectors, enabling us to extend our Kinder Banking approach to a wider range of businesses, offering them not just the financial services they need, but also a human touch which will help guide them moving forward.

“We’re incredibly excited to extend our offering to the Healthcare, Professional Services, and Food & Drink sectors and we look forward to working with organisations within them.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Together expands second charge range into commercial sector

Together has launched a new suite of commercial and semi-commercial second charge products as...

HTB launches ‘Flow’ range with rates from 5.54%

Hampshire Trust Bank has introduced ‘Flow’ - a new buy-to-let tier with rates starting...

Afin waives legal fees on remortgages in broker push

Afin Bank is offering free legal fees on remortgage applications submitted before the end...

Conveyancing delays blamed by 65% of buyers

More than six in ten homebuyers say conveyancing is the biggest cause of delays...

TRM hires compliance manager to strengthen AR support

The Right Mortgage & Protection Network has appointed Samantha Roe as compliance manager, bolstering...

Latest publication

Other news

Together expands second charge range into commercial sector

Together has launched a new suite of commercial and semi-commercial second charge products as...

HTB launches ‘Flow’ range with rates from 5.54%

Hampshire Trust Bank has introduced ‘Flow’ - a new buy-to-let tier with rates starting...

Afin waives legal fees on remortgages in broker push

Afin Bank is offering free legal fees on remortgage applications submitted before the end...