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Tuesday, October 16, 2018

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Wesleyan Bank celebrates 25th anniversary with strong funding growth

Theo Osborn | 14:34 Tuesday 2nd October 2018

Wesleyan Bank has celebrated its 25th anniversary by revealing that it has more than doubled its acquisition funding year-on-year across its professions sectors.

The specialist bank has achieved notable success in the dental industry and has expanded into the pharmacy, veterinary and accountancy sectors.

It has also seen growth in all of its major product lines such as partner equity loans, asset finance and short-term cash flow solutions.

Steve Deutsch, chief executive at Wesleyan Bank (pictured above, left), said: “It’s been an incredible journey since the bank’s formation 25 years ago.

“In the last few years, we have strengthened our management team, launched new products and banking systems and acquired complementary businesses to improve our services to customers. 

“Our success has seen us evolve into a multi-award-winning company with a growing and diversifying balance sheet and 120 dedicated staff. 

“This year we are enjoying strong growth within our core markets and rapid expansion into new ones due to the high demand for our specialist finance solutions, deep expertise and sector experience.

“With a clear, customer-focused strategy and continued investment into our people and systems, we are looking forward to the future with much optimism.”

Also pictured: Dawn Thompson, banking manager at Wesleyan Bank

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