Söderberg & Partners have teamed up with Firenze to provide Lombard lending facilities to the wider market.  Traditionally, such facilitates have only been available to clients of Private Banks, but we believe that having added flexibility and options provides better client outcomes.  Access to more flexible tax planning solutions, the ability to manage cash-flow demands and offer an alternative to the Private banks allows the advisers using the platform to offer a more comprehensive offering.

There are a number of use cases where Lombard loans have been used to assist clients in their day-to-day financial planning:

• Short term liquidity relief to downsize a property and not wanting to be in a mortgage chain whilst they are selling their existing property
• Refill a flexi-ISA allowance
• Fund a corporate tax bill whilst awaiting company dividends
• IHT management
• Family Investment Company Planning

By taking advantage of this facility the client’s asset remain invested, ensuring continued market participation and no disruption to on-going fees. 

We are in the final phases of testing controls and process and will be launching this offering shortly.

Should you require any further information in the meantime on what the offering is please visit Firenze.com