TaxAssist makes bank funding even easier for franchisees

TaxAssist Accountants recently hosted a special open day for key representatives from the Franchise Departments of the four major banks: HSBC, Lloyds, the Metro Bank and NatWest. 

The aim of the day was to make obtaining funding even easier for new and existing franchisees through educating the banks on the strength of the TaxAssist Accountants business model and the value attached to resales. A further element of the day was collaborating on the bespoke TaxAssist Business Plan which is provided to potential franchisees after a Discovery Day, and educating on the elements that make the TaxAssist franchise so lucrative and the merits and scope for growth on resales.

Daren Tillson, Senior Franchise Recruitment Manager said, “We have strong communication channels and garner strong working relationships with their franchise teams. It was a major coup to have all 4 of the major banks we work with, who are competitors to one another, in the same room at the same time.  The day was beneficial to all who attended, being informative and productive at the same time. 

“The banks have always been very supportive of TaxAssist and continue to be impressed with our strong performance, hence their willingness to lend to both new and existing franchisees.  The day was incredibly worthwhile and can only further enhance our reputation with the banks to the benefit of both TaxAssist and our franchisees.”

If you would like to find out more about owning and operating your own practice with TaxAssist Accountants, and the funding options available to you, please call 0800 0188297 for a confidential chat.

August 2017