Pareto Financial Planning Limited, an award-winning firm of Independent Financial Advisers (IFAs) has agreed new facilities with Virgin Money which will support the firm’s plans for further growth.
Manchester-based Pareto was founded in 2008 by John Stevenson MBE and George Chantry, who have decades of financial planning experience between them. Since Pareto’s foundation, the company has enjoyed continuous growth and now employs an expert team of over fifty.
During the last 12 months, Pareto adapted to new agile working processes and remained fully committed to business continuity, integrity and to ensuring their clients continued to receive the same quality of service in unnerving times.
John Stevenson, Managing Director of Pareto said, “The last 12 months brought unparalleled uncertainty to every sector including financial services; however, this time of disruption is also an opportunity for growth. It has enabled Pareto to refocus our strategy, accelerate digital transformation and reaffirm our purpose.
With the help of Virgin Money, we have secured growth finance to help us accomplish our exciting and ambitious strategic plans.”
Virgin Money provided a funding package that comprises term lending to support the business as it looks to accelerate its growth. The transaction was led by David Burgess and Martin Aston, who both work in the SME Cashflow team of Virgin Money.
David commented, “Pareto continue to impress with their performance both pre Covid-19 and during the pandemic. We are delighted to have supported John and the team with a finance package that will allow the business to accelerate its growth.
Virgin Money’s cash flow finance is perfect to allow management to invest in the business and will enable management to drive the business forward into the next stage of its growth.”
Looking to a ‘new normal’ we expect to experience a restructuring of the economic and social order in which business and society have traditionally operated. Pareto looks forward to the next step on their journey, remaining dedicated to their clients with a continued commitment to delivery and service.
Personal circumstances differ and not all of this information is applicable to every client and/or their business, this information is general in nature and should not be relied upon without seeking specific professional financial advice.
The Financial Conduct Authority (FCA) does not regulate tax advice, estate planning, trusts or will writing.
The content in this article is for your general information and use only and is not intended to address your particular requirements. Articles should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice.
Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles.
Thresholds, percentage rates and tax legislation may change in subsequent finance acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on the individual circumstances of the investor. The value of your investments can go down as well as up and you may get back less than you invested. Past performance is not a reliable indicator of future results.
Pareto Financial Planning Limited is authorised and regulated by the Financial Conduct Authority (FCA).
