Close Brothers Premium Finance #property #development #finance


#close premium finance

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New Customers
Please click here to register

How do I request an account password?

If we have your email address stored in our records, simply select ‘New Customer, Please click here to register’ button from the login page, select ‘Resend Customer ID and Password’, enter your ten digit Loan Number and enter the suffix which can be found on any correspondence we have sent you. Alternatively if we don’t have your email stored please call our UK Contact Centre on 0333 321 8566 and Ireland Contact Centre on 1890 928 281 to retrieve your customer ID and password. Our opening hours are between 09:00 and 17:30, Monday to Friday.

Please call our UK Contact Centre on 0333 321 8566 and Ireland Contact Centre on 1890 928 281 to retrieve your email details. Our opening hours are between 09:00 and 17:30 Monday to Friday.

Why has my account been locked?

You have exceeded the maximum failed attempts allowed and your account is now locked. Please call us to get your account unlocked.

Where can I find my registration details?

You can find your registration details in your welcome pack that we’ve sent you. Alternatively, if you’ve provided an email address to us, they’ve been emailed to that email address. If you’re unable to find these, please click the button labelled “Resend Customer ID and Password” to have your details resent automatically.

Why do I need to authorise my account?

As part of our commitment to improving our customer service and helping the environment our secure online account will allow you to review your documentation as well as check your payment amount and schedule. Also, you can update your personal details including address and bank account details easily at your convenience.


Auto Loan Rates – Police and Fire Federal Credit Union #renewable #energy #finance


#auto finance rates

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Rates reflect a 1/4% discount with automatic payment from an active PFFCU Checking Account or distribution from a payroll check automatically deposited with PFFCU and are SUBJECT TO CHANGE WITHOUT NOTICE. The AutoDraft can only be used to purchase or buyout a lease on an automobile (examples of vehicles that cannot be purchased using an AutoDraft are a motorcycle, mobile home, trailer, RV, boat, snowmobile, jet ski, off road vehicle, commercial vehicle, or any other untitled vehicle). The vehicle must be purchased from a business entity licensed to sell automobiles. PFFCU will only finance autos that have mileage of 90,000 or less. The maximum age of any auto to be financed is 7 years or less than the current model year (For example, as of September 1, 2016 the oldest auto to finance is a model from 2010). AutoDraft can only be used to purchase a new car in PA, NJ, DE, MD, FL and NY or a used car from a licensed dealership in PA, NJ or DE.

  1. Your rate will depend upon your credit score, loan term and model year.
  2. All payments quoted above are based on per $1,000 borrowed. To get a monthly payment for a specific borrowed amount, multiply the per $1,000 payment factor by the number of thousand dollars borrowed. For example, if you borrow $10,000, multiply 10 by the figure noted next to the specified loan product.

Call Us with Questions

If you have questions or want to apply for a loan over the phone please call us
at 1-800-228-8801 or 215-931-0300.

ABA Routing #236084285

Police and Fire Federal Credit Union
901 Arch Street, Philadelphia, PA 19107
215-931-0300
800-228-8801

©2016 Police and Fire Federal Credit Union.

All Rights Reserved


Close Brothers Premium Finance Products Now Available through Applied TAM #safrock #finance


#close premium finance

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Close Brothers Premium Finance Products Now Available through Applied TAM

Premium finance integration into Applied TAM to extend connected digital experience for UK brokerages

Brighton, UK – 3 Nov. 2015 – Applied Systems today announced that premium finance products with Close Brothers Premium Finance are now available through Applied TAM, the most widely used brokerage management system in the world. Through this partnership, UK brokers will be able to offer their clients competitive and flexible finance options for new policies, renewals and mid-term adjustments through an automated process, reducing time spent on administrative tasks and improving customer service to increase client satisfaction, retention and growth. UK broker’s will now only have to enter client finance requirements and information into Applied TAM, eliminating the need to rekey information into multiple systems and automating the data exchange between the brokerage and Close Brothers Premium Finance.

“Providing access to a full range of services via digital channels has become critical in today’s insurance market place,” said Sharon Bishop, chief executive officer, Close Brothers Premium Finance. “By integrating our premium finance products into Applied TAM, we can further simplify our broker partners’ workflows and improve ease of access to premium finance products. This in turn helps make insurance more affordable for customers by spreading the cost of their insurance premium.”

“As insurance consumer expectations for engagement and service continue to change, brokers require advanced software to evolve their business and customer service models,” said Jeff Purdy, senior vice president of International Operations, Applied Systems. “In partnering with Close Brothers Premium Finance, Applied TAM brokers will now be able to extend premium financing options to their customers, further elevating their role as a trusted advisor and driving growth and profitability.”

Find additional information on premium finance capabilities in Applied TAM .

About Applied Systems
Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognised as a pioneer in insurance automation and data exchange between brokerages, insurers and their clients, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada and the United Kingdom. By automating the insurance lifecycle, Applied enables millions of people around the world to safeguard and protect what matters most.

About Close Brothers Premium Finance
Close Brothers Premium Finance helps businesses and individuals pay their insurance premiums by spreading the cost over regular instalments.

Premium finance is a convenient alternative to paying in one lump sum, allowing customers to manage their finances more easily or free up capital for other uses.

With over 35 years’ experience in the industry, Close Brothers Premium Finance is a leading provider of premium finance. We provide expert support and service to over 2,000 brokers across the UK and Ireland.

Close Brothers Premium Finance is part of Close Brothers, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. This provides financial stability so that we can offer our customers the best products, and we pride ourselves on giving both our brokers and their clients the best possible service and support.

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PNB Housing Finance plans Rs2, 500 crore IPO #nissan #finance


#pnb housing finance

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PNB Housing Finance plans Rs2,500 crore IPO

Rs. 1,776.73 crore, a jump of 60% over the Rs. 1,116 crore in revenue reported the previous year.” title=”For financial year 2014-15, PNB Housing reported a revenue of Rs. 1,776.73 crore, a jump of 60% over the Rs. 1,116 crore in revenue reported the previous year.” class=”img-responsive”>

For financial year 2014-15, PNB Housing reported a revenue of Rs. 1,776.73 crore, a jump of 60% over the Rs. 1,116 crore in revenue reported the previous year.

Mumbai: PNB Housing Finance Ltd, the housing finance subsidiary of state-owned Punjab National Bank (PNB), has initiated talks with investment banks for an initial public offering (IPO) that could see the company raise approximately Rs. 2,500 crore ($385 million) from the primary market, according to two people aware of the development.

The firm has been meeting with banks over the last couple of months and has requested for proposals from investment banks, said the first person mentioned above, requesting anonymity as he is not authorized to speak to the media.

PNB Housing is expected to give out mandates for its IPO over the next few weeks, he added.

Earlier on Monday, IFR Asia reported PNB Housing was planning a $385 million initial share sale.

PNB holds a 51% stake in the firm, which was founded in 1988 as a non-banking finance company. Private sector financial services firm Destimoney Enterprises Pvt. Ltd held the remaining 49%. Destimoney acquired the 49% stake in 2009. In February this year, private equity firm Carlyle Group acquired Destimoney s 49% stake in PNB Housing.

While a big chunk of the IPO is expected to be primary fund raise for helping the firm s lending business, Carlyle might sell some part of its stake through the IPO, said the second person mentioned above.

However, since the talks are at an initial stage, these details are yet to be finalized, he added.

For fiscal 2014-15, PNB Housing reported Rs. 1,776.73 crore in revenue, a jump of 60% over the Rs. 1,116 crore revenue reported the previous year. In 2014-15, the firm reported a profit of Rs. 196.1 crore, compared with Rs. 127.4 crore in the previous year.

As on 31 March 2015, PNB Housing had an outstanding loan book of Rs. 16,819 crore.


PNB Housing Finance net up 66% in FY’16: The Hindu Business Line – Mobile edition #security #finance


#pnb housing finance

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Updated: May 13, 2016 19:28 IST | K. R. Srivats

PNB Housing Finance Ltd (PNBHFL) has reported a 66 percent increase in net profit for the year ended March 2016 at Rs 326 crore (Rs 196 crore). Total income for the year grew 52 per cent to Rs 2,697 crore.

Commenting on the financial performance, Sanjaya Gupta, Managing Director, PNBHFL said that the results are encouraging and at “par with our expectations”.

“Financial year 2015-16 has been a year of high significance as we attained the status of one of the leading housing finance companies surpassing assets under management of Rs 27,000 crore”, Gupta said in a statement here.

Net interest margin for the year ended March 31, 2016 stood at 3.08% as against 3.21% in the previous year.

PNBHFL is a subsidiary of Punjab National Bank. Quality Holding Investments (owned by Carlyle Group) is the other significant shareholder in PNBHFL.


Ge capital finance #seat #finance


#ge capital finance

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PNB Housing Finance files draft red herring prospectus for IPO – The Economic Times on Mobile #motorbike #finance


#pnb housing finance

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PNB Housing Finance files draft red herring prospectus for IPO

The leading housing finance firm would be using the proceeds from the share sale mainly towards augmenting its capital base.

MUMBAI: PNB Housing Finance. the housing finance arm of public sector lender Punjab National Bank has submitted a draft red herring prospectus in the run up to its planned initial public offering (IPO).

In May, Usha Ananthasubramanian, managing director of PNB had said that it intends to lower their stake to 51% in the profitable housing finance company.

However the bank would still retain its majority shareholding in the housing finance entity. According to media reports the company plans to raise around Rs 2000 crore through the offering.

PNB which had suffered a historic loss of Rs 5000 crore in the fourth quarter of FY16 is planning to raise some funds by liquidating its share in its housing finance subsidiary.

The company has appointed Kotak Investment Banking. Bank of America Meryll Lynch, JM Financial, JP Morgan, Morgan Stanley and Link Intime as investment bankers for the IPO.

The draft red herring prospectus says that the company has emerged as the fifth largest housing finance company in India.

Its total loan portfolio as on March 31 of this year stood at Rs 27,177 crore and generated revenue worth Rs 2700 crore.

The company operates through 47 branches and 16 operating hubs as of end of FY16.


How Vatsal Shah from Sushil Finance built 500 crore AUA #bajaj #auto #finance


#sushil finance

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How Vatsal Shah from Sushil Finance built 500 crore AUA

Mumbai based Vatsal Shah joined his father s stock broking business after completing his engineering in 2007. Founded by his father Sushil Shah in 1982, Sushil Finance today has 600 plus franchises across India with 1.40 lakh clients.

While the company s predominant focus has been broking, volatility and the shift in investor behavior prompted Vatsal to foray into mutual funds since 2009. Investors come for the flavour, and fun of trading in markets for a few months and become inactive later. Also, retail investors don t like volatility. We therefore started focusing on mutual funds, which offer a far superior alternative to participate in markets. It is a win-win for our company and investors alike. As investors benefit from long term growth in the market, we get a regular stream of income says Vatsal.

The result Vatsal has built an AUA of Rs. 500 crore in mutual funds across 25,000 clients. His MF business has grown three times in the last two years he says. So how did Vatsal acquire such a large clientele? He used a multi-pronged approach to grow his MF business. At the time he ventured into MFs, Vatsal didn t observe much meaningful differentiation in the services offered by many distributors. We wanted to add value. Thus, we introduced a product called Wealth Winner which recommends the level of exposure clients should have in equity and debt at various points of time based on a combination of fundamental and technical factors. This product was received well by investors.

Other than specialized products, technology has helped Vatsal achieve scale. We evaluated different platforms and found the exchange route to be the best. After using different platforms we found that the volumes were growing faster on the exchange platform, says Vatsal. The exchange platform allows him to execute bulk transactions at one go. Imagine how difficult would it be if we were to inform 100 clients to switch from equity to debt or to make fresh investment. The exchange platform helps us execute transactions faster without the hassle of filling up forms, he adds.

With the help of technology, Vatsal tapped his franchise to grow his MF business. We undertook a massive campaign to train our sub-brokers. We explained the stability of income in mutual funds vis- -vis broking income which is sporadic, says Vatsal. His objective was to activate more and more franchises to sell mutual funds.

Besides his franchise, Vatsal has started organizing financial planning seminars in companies to expand his clientele. We have started organizing seminars in companies where we explain the benefits of mutual funds. The conversion ratio is low but we are hopeful that this strategy will pay off in future.

Vatsal believes that the MF category will gain more popularity as investors, especially those who prefer traditional fixed return products, start looking for better returns. As the FD rates become unattractive, mutual funds will emerge as a big category going forward, believes Vatsal.

As the client base grows, making sure that each client gets the same level of attention and service is important. With a clientele of 25,000, Vatsal says that servicing them is a task. Communication is a challenge sometimes. We send reports on emails every month but some clients don t check their mails regularly, says Vatsal. To make portfolios easily accessible, Vatsal has also started sending portfolio valuation to all his clients through SMS. He is also working on a software which will offer a consolidated view of investors portfolio across all products.

While he has a team of 20 who look after MF clients, he says that some clients prefer meeting him personally to review their portfolios and make fresh investments.

An MBA from Indian School of Business, Hyderabad, Vatsal wants his company to be known for its research capabilities. He follows an algorithmic model for recommending funds to his sub-brokers. Firstly, we look at the risk- adjusted returns of funds. Secondly, we look at the normalized returns and thirdly we compare the point-to-point returns of a fund in the last eight quarters with the returns of Nifty. After filtering the best funds we prepare a list of recommended schemes.

Vatsal is among the growing breed of brokers who see a potential in mutual funds. He aspires to reach Rs. 1,000 crore in equity assets in the next five years. With his large franchise base, technological strength and differentiated services, Vatsal is confident that he will turn his dream into a reality soon.

Not able to understand routing of MF investment through stock exchanges. If you think it is fast and hassle free, then, I think you are wrong. In both the cases, you have to do KYC once when you open an account. After that, the transaction is completed is less than 30 seconds. In case of dealing through stock exchanges, you have to pay brokerage also.
Does it mean that Sushil Finance gets a part of the brokerage (since they are originally stock brokers) and also a commission from MF AMC.
If they are not getting or interested in brokerage, then, why they are not switching to a common aggregators platform like MFU or some such platforms.

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Sushil Finance Review #scooter #finance


#sushil finance

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Sushil Finance Review – A Full Service Broker India 2016

Not transparent in brokerage charges and other fees.

Sushil Finance Review – 2016

Incorporated in 1982, Sushil Financial Services Private Limited is engaged in brokerage house business providing trading facility in Equity, Currency and DP service. The company is part of Sushil Finance group of companies having other firms like Sushil Global Commodities Private Limited engaged in commodity trading, Sushil Finance Consultants Limited providing distribution of IPOs and Mutual Fund products, Sushil Capital Private Limited is RBI registered company, providing NBFC facility as loan against shares. Sushil Insurance Brokers Private Limited is insurance division providing life and non-life insurance, retirement planning, saving plans, child plans and many more.

The broker deals in equity and currency derivatives market through BSE and NSE. They have their own DP service registered with NSDL and CDSL. The broker is just not provide trading facility but also serves as distributor of IPOs, Mutual Fund products, financial planner, investment planning, wealth management, research service, NRI/FPI services, Fixed Income products and NBFC.

Sushil Finance has PAN India presence with over 570+ branches and channel partners in 227 cities.

On customer service, Sushil Finance has a dedicated team of service providers for query resolution that helps to hold a strong employee customer relationship. The broker is known for its extensive research providing access to all reports online to make it transparent, they have subscription of research report as well as SMS service to get quick updates. Portfolio manager subscription can help you track your investment on real time. Other than above features, they have online knowledge center, blogs, customer service number and email support.

Contact Broker

Sushil Finance Web, Mobile app and Desktop base trading platform – 2016

Sushil Finance is providing multiple trading terminals to its clients. Depend on the comfort, user can choose specific trading terminals.

Desktop base trading platform: Power Trade is an “exe” based desktop trading software for dynamic traders who transact regularly with confidence through online trading account. Key features of Power Trade are:

  • Single sign on for Cash/Derivatives/Commodities trading.
  • Personalized market watch and all reports view.
  • Advanced price alert facility on online trading account.
  • Technical tools such as PIVOT watch, Real time heat map.
  • F
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General Electric Sells GE Capital s Last Big Business To Wells Fargo #finance #uk


#ge capital finance

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Last big chunk of GE Capital sold to Wells Fargo

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

Time Inc. All rights reserved.

Fortune.com is a part of the Time.com network of sites.

2016 Time Inc. All rights reserved.

Fortune.com is a part of the Time.com network of sites.

2016 Time Inc. All rights reserved.

Fortune.com is a part of the Time.com network of sites.

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