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Independent Appeals Reviewer
An external Independent Reviewer, Professor Russel Griggs monitors and scrutinises the appeals process.
He will produce quarterly and annual reports on the overall effectiveness of the banks’ appeals process and is supported by a team of independent auditors. Professor Griggs with his audit team conduct on-site and off-site monitoring of the banks’ appeal process throughout the year, as they determine and fully track the banks processes and work with the individual banks on improvements to their processes.
See Russel Griggs latest report here>>
Starting out from one practice back in September 2007, Managing Partners, Vishal Marwaha and Geoff McCullough, have expanded to incorporate five practices located across the Central Belt. In addition, they offer specialism in the niche but competitive market of homecare visits, through their Visioncare at Home brand.
Also launched in 2007, this business focuses largely on the nursing home market, but also offers residential and corporate services.
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IFT® statement of principles for the uk ‘business support units’ of banks
The BBA members which have SME activities and business support units are broadly in support of these IFT principles, although it should be recognised that banks have different operating models and some do not, per se, have such business support units. For those BBA members that do have such units these principles are supported.
Banks continue to get more lending decisions right first time
Professor Russel Griggs has this week released his quarterly report on the Appeals Process, which allows businesses with a turnover of up to £25 million to challenge their bank if they are rejected for finance or unhappy with the conditions they are offered.
Applying for business finance? It could be quicker than you think
Applying for business finance can feel daunting for SME owners. With businesses to run and limited resources, many could be worried that applying for finance will eat up time they simply don’t have.