Reliance Bank have been awarded “Community Lender of the Year” by NACFB
Congratulations to the Reliance Bank Commercial Finance team for their achievement at the NACFB Commercial Lending Awards at Westminster Plaza on Thursday 28th November 2024.
Demonstrating commitment to the community
Morag Davies – Commercial Director for Reliance Bank and her team of Relationship Directors – Chirag Mistry, David Price, James Roche and Martin Herbert focus on providing commercial loans to clients providing positive social impact in the UK.
Over 90% of new lending in the year is in social impact sectors, which represents 70% of the total Commercial portfolio.
We’ve supported Charities and Businesses for 134 years and we empower them to grow.
Customers that bank and place deposits with us play their own part in helping to provide funding to the important impact sectors that we support. Our customer’s deposits are used to provide funding to organisations that provide health and social care, affordable housing projects and treatment centres that help people affected by gambling-related harm.
We provide funding to organisations like food banks who reduce hunger for people living in poverty. And our funding is used by community centres that allow young people who feel abandoned by society, by school, by family, the opportunity to feel cared for and included.
Power to change lives for the better
Reliance Bank aligns its lending practices and measures the impact of its commercial lending against the United Nations’ Sustainable Development Goals (SDG’s) – a blueprint for governments, businesses and societies around the world to help reduce poverty, protect the planet’s future and improve lives. See our performance below:
Reliance Bank’s funding helped:
- Reduce hunger for 2,100
- 2,900 people with community centres and facilities.
- Reduce poverty for 545 people
- 448 people receive personal learning and development opportunities.
- 256 people with their health care needs.
- Created and protected 76
Read our 2023/2024 Reliance Bank Social Impact Report here.
What we offer:
- Term loans
- Lending from £500K to £3M
- Repayment term up to 25 years with 5-year commitment
- Typically, up to a maximum of 65% loan to security value
- Tailored loan pricing on a case-by-case basis
- Simple application process and fast decisions
- Early indication of our appetite to lend
- Tailored solution to suit your businesses unique requirements
- You’ll have a named Relationship Director to contact directly when you need to speak to someone.
We have a specialist understanding of the following key sectors:
- Charities
- Community
- Faith Organisations: Churches, Religious Orders
- Education
- Health and Social Care
- Social Enterprises
- Social Housing
- SME sectors
If you wish to discuss your clients’ borrowing requirements, please contact one of our Reliance Bank Relationship Directors at commercial@reliancebankltd.com
We outperform high street banks for customer service!
In the 2024 Charity Finance Banking Survey, Reliance Bank achieved first place for Relationship Management.
What our customers say about our services:
Read our Impact case studies and testimonials here.
About Reliance Bank
Helping good people do great things with money
Reliance Bank has been at the forefront of socially responsible banking since 1890, when we were formed to be the bank of The Salvation Army.
Reliance Bank are proud of its shareholder The Salvation Army International company who help people whose lives have been affected by emergencies, disasters, poverty and social inequality.
Reliance Bank Limited. All rights reserved. Registered in England. Registration no. 68835. Reliance Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Financial Services Register number 204537. Reliance Bank Limited, Faith House, 23 – 24 Lovat Lane, London EC3R 8EB.
