How do I fund, or raise finance, for a franchise in the UK? #business #finance #software


#franchise finance

#

Franchise Banks

whichfranchise Finance

For over 18 years, whichfranchise has been providing prospective franchisees in the UK with information and advice on funding a franchise. We have, and continue to work with some of the leading banks in franchising as well as other franchise finance specialists. In our dedicated section to franchise funding you can enquire about how much money you can borrow as well as how to approach a bank for finance, you can put any franchise finance related questions you have to one of the leading franchise specialist bankers in the UK, identify the true cost of buying a franchise and the importance of having a business plan and what should be included in it.

Enquire about funding a franchise

If you are interested in a franchise and wish to find out more about how much money you can borrow towards it, you can contact Lloyds Bank franchise division for further information and/or an informal chat. Click here to contact Lloyds Bank

Funding a franchise advice

Buying a franchise is a big step and, in a lot of cases, a big investment for most. It is vital that you check how much finance is available to you. Knowing this will also help with your decision as to which franchises are available within your budget. Read more about how to raise finance and funding options available to you

Franchise business plan

The business plan has two main purposes – obtaining finance from the bank and clarifying your aims and objectives. Here we look at the importance of the business plan and what should be included in it. Read more

IN ASSOCIATION WITH

Find out how much money you can borrow

Ask the finance expert

Richard Holden – Lloyds Bank

Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.

Cost of a franchise

When looking at the cost of a franchise it can sometimes be confusing with talk of franchisee fees, deposits, average cost etc. In this section we look at how to identify the total costs of a franchise including explaining the difference between franchise fee, deposits, working capital, as well as how to verify a franchisor’s projections.

  • Real cost of investing in a franchise
  • Franchise deposits
  • Franchise fees
  • Evaluating financial aspects of a franchise
  • How to verify a franchisor’s projections

How to approach a bank for finance

When it comes to financing a business start-up, banks are favorable to franchising. The regard lending to prospective franchisees looking at well-structured ethical franchise systems a safer option than someone starting from scratch on their own.


CFB Deposit Fund – The Central Finance Board of the Methodist Church #finance #uk


#central finance

#

Deposit Fund

Higher interest
for the Methodist Church

The CFB Deposit Fund is a common deposit fund designed specifically for Methodist churches and charities. Monies received are pooled together and invested mainly in the London Money Market.

Who can invest in the Deposit Fund?

All churches and charities in Great Britain responsible to the Methodist Conference are allowed to invest. This would normally include other organisations under the control of the Church Council, e.g. Sunday School, Youth Club etc.

What services do we provide?

  • Accounts may be opened on any business day.
  • Deposits may be made via a local bank, using a CFB paying-in book, or by post.
  • Withdrawals to your nominated bank account are processed on day of receipt (up to �50,000). Notice of up to seven days may be required for larger sums.
  • Automatic transfers can be set up to:
    • pay stipends
    • Circuit, District and other Deposit Fund accounts
    • fund local bank accounts
    • receive tax refunds
    • credit income distributions via TMCP.

Dealing and interest

  • Dealing date: Every business day.
  • Interest is earned immediately an account is credited.
  • Interest is paid monthly by credit to the account.
  • No transaction charges are levied.

Security

Monies are placed on deposit with banks which meet rigorous criteria based on independent credit ratings and size. We further minimise risk by limiting the proportion of the fund depositied with any single bank.

Model trust money and property schemes

Model trust monies maintained in cash cannot be held directly in the Deposit Fund, but should be forwarded to the Trustees for Methodist Church Purposes (TMCP) in Manchester. You will, however, still benefit from the professional management of the CFB team, as such monies will be invested in the Trustees Interest Fund, which is itself managed on behalf of TMCP by the CFB.

View accounts and send secure instructions online with ‘CFB Online’.


How do I fund, or raise finance, for a franchise in the UK? #auto #finance


#franchise finance

#

Franchise Banks

whichfranchise Finance

For over 18 years, whichfranchise has been providing prospective franchisees in the UK with information and advice on funding a franchise. We have, and continue to work with some of the leading banks in franchising as well as other franchise finance specialists. In our dedicated section to franchise funding you can enquire about how much money you can borrow as well as how to approach a bank for finance, you can put any franchise finance related questions you have to one of the leading franchise specialist bankers in the UK, identify the true cost of buying a franchise and the importance of having a business plan and what should be included in it.

Enquire about funding a franchise

If you are interested in a franchise and wish to find out more about how much money you can borrow towards it, you can contact Lloyds Bank franchise division for further information and/or an informal chat. Click here to contact Lloyds Bank

Funding a franchise advice

Buying a franchise is a big step and, in a lot of cases, a big investment for most. It is vital that you check how much finance is available to you. Knowing this will also help with your decision as to which franchises are available within your budget. Read more about how to raise finance and funding options available to you

Franchise business plan

The business plan has two main purposes – obtaining finance from the bank and clarifying your aims and objectives. Here we look at the importance of the business plan and what should be included in it. Read more

IN ASSOCIATION WITH

Find out how much money you can borrow

Ask the finance expert

Richard Holden – Lloyds Bank

Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.

Cost of a franchise

When looking at the cost of a franchise it can sometimes be confusing with talk of franchisee fees, deposits, average cost etc. In this section we look at how to identify the total costs of a franchise including explaining the difference between franchise fee, deposits, working capital, as well as how to verify a franchisor’s projections.

  • Real cost of investing in a franchise
  • Franchise deposits
  • Franchise fees
  • Evaluating financial aspects of a franchise
  • How to verify a franchisor’s projections

How to approach a bank for finance

When it comes to financing a business start-up, banks are favorable to franchising. The regard lending to prospective franchisees looking at well-structured ethical franchise systems a safer option than someone starting from scratch on their own.


FundX Conservative Upgrader Fund (RELAX) #eaton #vance #limited #duration #income #fund


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FundX Conservative Upgrader Fund (RELAX)

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund Since Inception on 7/1/2002 for the period ending 3/31/2017. It assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance. The S P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. The Barclay’s Aggregrate Bond Index is a market-capitalization-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of at least one year. You cannot invest directly in an index.

Average Annual Total Returns Quarter-End June 30th, 2017

Since Inception 07/01/02

S P 500 Index

Barc Agg Bond Index

Current Total Returns Period Ending July 31st, 2017

Average Annualized Return

Since Inception 07/01/02

S P 500 Index

Barc Agg Bond Index

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data quoted is current to the most recent month end. Returns shown are cumulative, unless otherwise noted.

Holdings as of 07-31-2017

Dodge & Cox Global Stock

Fidelity Blue Chip Growth

iShrs Edge USA Momentum Factor

iShrs Europe ETF

Lazard Glb Listed Infra Inst

Parnassus Endeavor I

TRPrice Blue Chip Gro

TRPrice Growth Stock

Vanguard European ETF

Vanguard Mega Cap 300 Growth

Eaton Vance Float Rate Inst

Floating Rate Total

Strategic Bond Funds

Osterweis Strategic Inc

PIMCO Income Inst

PIMCO Low Duration Income Inst

Strategic Bond Funds Total

High Yield Bond Funds

Fidelity Capital & Income

Ivy High Income Instl

Lord Abbett High Yield I

High Yield Bond Funds Total

Emerging Market Bond Funds

Fidelity New Markets Inc

Emerging Market Bond Funds Total

Total Return Funds

Fidelity Real Estate Income

Gateway Fund Instl

Vanguard Wellesley Inc Admiral

Total Return Funds Total

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds.

References to other mutual funds should not be considered an offer of these securities.

Capital Gain and Income Distributions $

Total Income Dividend

Short Term Cap Gain

Long Term Cap Gain

Disclosure

Mutual fund investing involves risk. Principal loss is possible. The FundX Upgrader Funds (“Funds) are considered “funds of funds” and an investor will indirectly bear the principal risks and its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than they would if they invested directly in the underlying funds. The Funds employ an “Upgrading” strategy whereby investment decisions are based on near-term performance, however, the Funds may be exposed to the risk of buying underlying funds immediately following a sudden, brief surge in performance that may be followed by a subsequent drop in market value. The Sustainable Impact Fund’s sustainable impact investment policy, which incorporates an analysis of environmental, social and corporate governance factors, may result in the Fund foregoing opportunities to buy certain Underlying Funds when it might otherwise be advantageous to do so, or selling its holdings in certain Underlying Funds for sustainable impact investment reasons when it might be otherwise disadvantageous for it to do so. The Funds invest in underlying funds and these underlying funds may invest in securities of small companies, which involve greater volatility than investing in larger, more established companies, or they may invest in foreign securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods; these risks are greater for investments in emerging markets. The underlying funds may invest in debt securities, which typically decrease in value when interest rates rise; this risk is usually greater for longer-term debt securities. Lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher rated securities. While the Upgrader Funds are diversified, the underlying funds may invest in a limited number of issuers and therefore may be considered nondiversified. The underlying funds may engage in short sales; an underlying fund’s investment performance may suffer if it is required to close out a short position earlier than intended. Some underlying funds may borrow money for leveraging and will incur interest expense. Some underlying funds may use derivatives, which involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares. The underlying funds may invest in asset-backed and mortgage-backed securities, which involve additional risks such as credit risk, prepayment risk, possible illiquidity and default, and increased susceptibility to adverse economic developments.

Past performance does not guarantee future results. While the Funds are no-load, management fees and other expenses will apply. The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Before you invest in the FundX Funds, please refer to the prospectus (click here for the SRIFX prospectus ) for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a prospectus by calling 866-455-3863. The prospectus should be read carefully before you invest or send money.

The FundX Upgrader Funds are distributed by Quasar Distributors, LLC.

Contact

We’re available Monday through Friday from 9am to 5pm pacific time. We are closed weekends and holidays. You can call us at 1-800-763-8639 or send us an email .

Advisors

Other Businesses


SWPPX Summary, lord abbett income fund.#Lord #abbett #income #fund


#

lord abbett income fund

The investment seeks to track the total return of the S service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds , which may charge a separate redemption fee, and funds that accommodate short-term trading. For each of these trade orders placed through a broker, a $25 service charge applies. Funds are also subject to management fees and expenses.

Trades in no-load mutual funds available through Mutual Funds OneSource service (including SchwabFunds) as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Funds are also subject to management fees and expenses.

Charles Schwab & Co., Inc., member of SIPC, receives remuneration from fund companies for record keeping, shareholder services, and other administrative services for shares purchased through its Mutual Fund OneSource service. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.

The Laudus Group of Funds includes the Laudus Mondrian Funds and Laudus U.S. Large Cap Growth Fund, which are part of the Laudus Trust and distributed by ALPS Distributors, Inc.; and the Laudus MarketMasters Funds , which are part of the Schwab Capitial Trust and distributed by Charles Schwab Co., Inc. ALPS Distributors, Inc. and Charles Schwab Investment Management, Inc. are unaffiliated entities.

The Morningstar Rating ?>

5 Small Business Loan Ideas #financing #a #small #business,small #business #lending,small #business #finance #south #africa,financing #small #business,small #business #loans,loans #for #small #businesses,small #business #funding,how #to #fund #a #small #business,how #to #finance #a #small #business,starting #a #small #business,funding


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5 Small Business Loan Ideas

If you’re not in the position to self-fund your small business . here’s what you need to know about where to look and who you can approach for getting that much-needed small business loan.

1

Small business loans from government

The South African government is acutely aware that small businesses are integral to developing the economy and creating employment. As such, there are a number of initiatives for getting funding from the government . Whether you’re youth, women, previously disadvantaged, or involved in BEE, there’s government funding for you. Here’s a list of some:

The Small Enterprise Development Agency (SEDA)

SEDA has branches in each district municipality around the country. It provides information, support and referrals for a range of activities such as tender applications, import and export training, trade information, business assessment, support and mentoring, technical support, market access and business linkages. You can get more information from their site .

The Co-operatives Incentive Scheme (CIS)

CIS provides successful applicants with cash grants to allow their co-operatives to build quality services and suppliers to improve and grow their business. Cash grants are typically awarded to black-owned companies, initiatives helping overcome unemployment and poverty, and are registered co-operatives. More information is available at here .

2

Small business loans from banks

Several of South Africa’s national banks are involved in encouraging and supporting entrepreneurial activity. They’re able to provide initial start-up capital, working capital, short-, mid- and long-term lending, as well as business support.

Like government funding though, banks have conditions that need to be met before lending occurs in order to lessen their risk in financing your business .

  • Start by ensuring your house is in order. Make sure you have comprehensive records and documentation that shows your business has been profitable for a period of time, that your credit record is clean, and that you have collateral to borrow against.
  • Make sure you have a sound business plan that you have written and understand, complete with financial records and projections to discuss with the bank.
  • Have your financial statements ready, be able to detail how much money is needed and for what purpose, and foster a good track record with your bank before asking for a loan. If you’re in a good position to get a loan, shop around to see which bank can offer you the best loan terms.

3

Small business loans from family and friends

You may be in the position to ask family and friends for a loan . but be aware that while this may offer the most favourable loan terms and interest etc. it can come at a cost and can even seriously damage your relationships. Here’s what to pay attention to:

  • Family and friends are more likely to invest in you because they love you, not because they have faith in your business idea.
  • Loans create personal and emotional issues. If you borrow from a relative and aren’t able to repay it, it can cause feelings of guilt, embarrassment and resentment.
  • Be clear on giving versus loaning. While a friend or family member may say they’re “giving” you the money, they rarely mean it in the legal sense of a “gift”. Make sure you and the lender are absolutely clear on the terms and conditions of the loan to avoid future conflict over misunderstandings.
  • Debt can be better than equity. If you borrow money and pay back the loan with interest, it can be a better move than offering equity in the business in exchange for a loan – with debt, you’re still in control of the business.
  • Try align your loan payments to cash flow. Consider cash flow obligation rather than fixed repayment schedules. That way, when you can spare the money, you can repay.

4

Small business loans from investors

When looking for funding from investors . consider the kind of investor you want. An angel investor is someone with significant funds to spare that will offer you finance in exchange for a piece of the action.

They typically want equity in the business or a fixed percentage ROI, and want to be involved in the business’s growth – offering mentorship, support and advice with business decisions.

Loans from venture capitalists are quite different to angel investors. This kind of lender is looking for a high growth business typically in the tech industry, and will want to pull out with a handsome ROI after just a few years.

Venture capitalists expect to be involved in management decisions, are strict on their terms and conditions, and expect you to adhere to the business plan you presented to them.

5

Small business loans from crowd funding

A new form of lending in the last few years, crowd funding provides businesses with the opportunity to attract funding through attracting a number of micro-lenders to the cause. A business will post a profile and business pitch on a crowd-funding platform like Kick-starter.

Business owners are able to negotiate terms and conditions of loans ranging from a percentage of interest, to more creative rewards such as the lender’s name on a menu item.

Funders can also decide how much they’re prepared to invest, be it as little as R100 right up to the full loan requirement. Visit www.kickstarter.com to see how other small businesses are getting funding.

Entrepreneur Magazine is South Africa’s top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it’s launch in 2006. Entrepreneur Magazine is the “how-to” handbook for growing companies. Find us on Google+ here.


How do I fund, or raise finance, for a franchise in the UK? #magma #finance


#franchise finance

#

Franchise Banks

whichfranchise Finance

For over 18 years, whichfranchise has been providing prospective franchisees in the UK with information and advice on funding a franchise. We have, and continue to work with some of the leading banks in franchising as well as other franchise finance specialists. In our dedicated section to franchise funding you can enquire about how much money you can borrow as well as how to approach a bank for finance, you can put any franchise finance related questions you have to one of the leading franchise specialist bankers in the UK, identify the true cost of buying a franchise and the importance of having a business plan and what should be included in it.

Enquire about funding a franchise

If you are interested in a franchise and wish to find out more about how much money you can borrow towards it, you can contact Lloyds Bank franchise division for further information and/or an informal chat. Click here to contact Lloyds Bank

Funding a franchise advice

Buying a franchise is a big step and, in a lot of cases, a big investment for most. It is vital that you check how much finance is available to you. Knowing this will also help with your decision as to which franchises are available within your budget. Read more about how to raise finance and funding options available to you

Franchise business plan

The business plan has two main purposes – obtaining finance from the bank and clarifying your aims and objectives. Here we look at the importance of the business plan and what should be included in it. Read more

IN ASSOCIATION WITH

Find out how much money you can borrow

Ask the finance expert

Richard Holden – Lloyds Bank

Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.

Cost of a franchise

When looking at the cost of a franchise it can sometimes be confusing with talk of franchisee fees, deposits, average cost etc. In this section we look at how to identify the total costs of a franchise including explaining the difference between franchise fee, deposits, working capital, as well as how to verify a franchisor’s projections.

  • Real cost of investing in a franchise
  • Franchise deposits
  • Franchise fees
  • Evaluating financial aspects of a franchise
  • How to verify a franchisor’s projections

How to approach a bank for finance

When it comes to financing a business start-up, banks are favorable to franchising. The regard lending to prospective franchisees looking at well-structured ethical franchise systems a safer option than someone starting from scratch on their own.


The 3 Largest High-Yield Bond ETFs (HYG, JNK), Investopedia, us high yield bond fund.#Us #high #yield #bond #fund


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The 3 Largest High-Yield Bond ETFs (HYG, JNK)

Us high yield bond fund

Us high yield bond fund

Us high yield bond fund

High-yield bond exchange-traded funds (ETFs) are composed of non-investment grade debt issued as corporate bonds, collateralized bank loans and/or government obligations. Generally speaking, high-yield bond ETFs tend to perform well in growing economies with interest rates rising at a measured pace. The following is a summary of the three largest high-yield bond ETFs, calculated by assets under management (AUM) as of March 22, 2016.

The iBoxx $ High Yield Corporate Bond ETF

With AUM of $16.86 billion, the iBoxx $ High Yield Corporate Bond ETF (NYSEARCA: HYG) was the largest high-yield bond ETF and represented more than 50% of the total assets in the category. The fund allocates 81.27% of the portfolio to U.S. issuers, followed by Luxembourg at 5.37% and Canada with 4.29%. Industrials are the highest sector allocation at 81.27%, with financials representing 11.56% of holdings. With 50% of bonds in the portfolio rated BB and 39% rated B, a duration of 4.3, and an average weighted maturity of 6.41 years, the fund reduces credit risk to a degree and keeps its interest rate sensitivity at intermediate-term levels. As a result of these measures, the distribution yield of 5.37% as of March 2016 was less than several competitors in the high-yield ETF category.

Despite its lower distribution rate, the fund is favored by institutions for liquidity resulting from a category-high daily trading volume of $1.22 billion, based on the trailing 45 trading days, as of March 22, and a negligible average trading spread of 0.01%. As of March 2016, the fund had an expense ratio of 0.5%, which is less than the average cost of 0.53% for funds in the category. The iBoxx $ High Yield Corporate Bond ETF had a three-year annualized return of 0.88%, but had a gain of 5.1% over the month preceding the release of positive economic news in February and March 2016.

The SPDR Barclays High Yield Bond ETF

As the second-largest high-yield ETF in the category with AUM of $12.08 billion, as of March 22, the SPDR Barclays High Yield Bond ETF (NYSEARCA: JNK) offers a package that is generally similar to that of the iBoxx $ High Yield Corporate Bond ETF. The fund’s country allocation is led by the United States, which represents 79.4% of holdings, followed by Luxembourg at 5.16% and Canada with 4.72%. The sector allocation also weights toward industrials and financials, with holdings of 87.48% and 8.03%, respectively.

The fund’s duration of 4.4 and the weighted average maturity of 6.3 were also similar to its larger rival. It also had an average volume of $478.72 million. The combination of the lower-than-average expense ratio of 0.4% and a trading spread of 0.03% made this fund inexpensive to hold and easy to trade efficiently.

One of the most notable differences between the two largest ETFs in this group was in the distribution rates, as the SPDR Barclays High Yield Bond ETF’s dividend of 6.49% was 112 basis points higher than the payout from the iBoxx $ High Yield Corporate Bond ETF. The higher distribution rate can be attributed in part to the fund’s willingness to hold CCC-rated debt, which composes 14% of holdings. The annualized return over the last three years was negative 0.06%, and the one-month return was 5.61%.

The PowerShares Senior Loan Portfolio

With holdings of bank loans that have been extended to non-investment grade corporations, the PowerShares Senior Loan Portfolio (NYSEARCA: BKLN) presents a strategy that seeks to minimize interest rate risk with a portfolio of debt collateralized with borrowers’ assets. The portfolio’s composition of senior floating interest rate debt instruments, combined with its short-term duration of 2.5, provides protection in a rising rate environment and delivers a distribution yield of 4.21%.

As the first fund to package senior bank loans in an ETF wrapper, the PowerShares Senior Loan Portfolio had gathered AUM of $3.99 billion and traded an average of $58.66 million per day as of March 22. The expense ratio of 0.65% was higher than the average for the category, but the trading spread of 0.03% was indicative of sufficient liquidity, which may reduce the overall cost of the ETF to a degree. Over the last three years, the fund had an annualized return of 0.67% and a one-month return of 3.21%.

The Bottom Line

Investors seeking to generate higher yields have a range of strategy options, depending on portfolio objectives. The iBoxx $ High Yield Corporate Bond ETF uses intermediate-term exposure and higher bond ratings to reduce risk, while sacrificing yield. For risk-tolerant investors seeking higher yields, the SPDR Barclays High Yield Bond ETF may provide a solution. The PowerShares Senior Loan Portfolio shortens maturities and uses floating rate debt, which may appeal to investors seeking to limit interest rate sensitivity.


CFB Deposit Fund – The Central Finance Board of the Methodist Church #oxford #finance


#central finance

#

Deposit Fund

Higher interest
for the Methodist Church

The CFB Deposit Fund is a common deposit fund designed specifically for Methodist churches and charities. Monies received are pooled together and invested mainly in the London Money Market.

Who can invest in the Deposit Fund?

All churches and charities in Great Britain responsible to the Methodist Conference are allowed to invest. This would normally include other organisations under the control of the Church Council, e.g. Sunday School, Youth Club etc.

What services do we provide?

  • Accounts may be opened on any business day.
  • Deposits may be made via a local bank, using a CFB paying-in book, or by post.
  • Withdrawals to your nominated bank account are processed on day of receipt (up to �50,000). Notice of up to seven days may be required for larger sums.
  • Automatic transfers can be set up to:
    • pay stipends
    • Circuit, District and other Deposit Fund accounts
    • fund local bank accounts
    • receive tax refunds
    • credit income distributions via TMCP.

Dealing and interest

  • Dealing date: Every business day.
  • Interest is earned immediately an account is credited.
  • Interest is paid monthly by credit to the account.
  • No transaction charges are levied.

Security

Monies are placed on deposit with banks which meet rigorous criteria based on independent credit ratings and size. We further minimise risk by limiting the proportion of the fund depositied with any single bank.

Model trust money and property schemes

Model trust monies maintained in cash cannot be held directly in the Deposit Fund, but should be forwarded to the Trustees for Methodist Church Purposes (TMCP) in Manchester. You will, however, still benefit from the professional management of the CFB team, as such monies will be invested in the Trustees Interest Fund, which is itself managed on behalf of TMCP by the CFB.

View accounts and send secure instructions online with ‘CFB Online’.


CFB Deposit Fund – The Central Finance Board of the Methodist Church #real #estate #finance


#central finance

#

Deposit Fund

Higher interest
for the Methodist Church

The CFB Deposit Fund is a common deposit fund designed specifically for Methodist churches and charities. Monies received are pooled together and invested mainly in the London Money Market.

Who can invest in the Deposit Fund?

All churches and charities in Great Britain responsible to the Methodist Conference are allowed to invest. This would normally include other organisations under the control of the Church Council, e.g. Sunday School, Youth Club etc.

What services do we provide?

  • Accounts may be opened on any business day.
  • Deposits may be made via a local bank, using a CFB paying-in book, or by post.
  • Withdrawals to your nominated bank account are processed on day of receipt (up to �50,000). Notice of up to seven days may be required for larger sums.
  • Automatic transfers can be set up to:
    • pay stipends
    • Circuit, District and other Deposit Fund accounts
    • fund local bank accounts
    • receive tax refunds
    • credit income distributions via TMCP.

Dealing and interest

  • Dealing date: Every business day.
  • Interest is earned immediately an account is credited.
  • Interest is paid monthly by credit to the account.
  • No transaction charges are levied.

Security

Monies are placed on deposit with banks which meet rigorous criteria based on independent credit ratings and size. We further minimise risk by limiting the proportion of the fund depositied with any single bank.

Model trust money and property schemes

Model trust monies maintained in cash cannot be held directly in the Deposit Fund, but should be forwarded to the Trustees for Methodist Church Purposes (TMCP) in Manchester. You will, however, still benefit from the professional management of the CFB team, as such monies will be invested in the Trustees Interest Fund, which is itself managed on behalf of TMCP by the CFB.

View accounts and send secure instructions online with ‘CFB Online’.