Business - helping you secure future growth

Commercial Insurance

Many organisations invest in insurance to protect them against the loss of individuals within the company such as shareholders and members of the board.

Shareholder protection in the form of critical illness or life cover provides financial security to organisations in the event of a shareholder’s death or critical illness. 

If for example a shareholder dies, the life insurance can be used to buy back the deceased shareholder’s stock from the beneficiaries so the shares remain within the company.

In a joint business, where critical illness results in a shareholder’s inability to work, the cover pays a lump sum to enable the life assured to return their interest to the remaining business partner.

Similarly, key person insurance can protect against financial losses as a result of the loss of an individual on whom the company relies significantly for profit.  The key person’s monetary value is calculated according to the individual’s contribution to profit.

The market is specialist but at Meridian Advice our expert business consultants can help you find the right plan for your business needs.

Commercial Lending

With so many different plans on the market, each with different lending criteria and each to be individual evaluated and underwritten, specialist advice is recommended to find the most flexible and cost effective plan for your business.

At Meridian Advice we have specialist knowledge of the different types of plans such as commercial mortgages and commercial loans, and we have access to a range of financiers, from specialist lenders and individual investors to high street banks.  Our team of experts has professional expertise in the market and can recommend the right plan for your business.

The products and services offered through Northern Rock, Nat West, Bank of Scotland & Fiducia Commercial Solutions are all offered through Openwork. The product and services offered through any other provider are not part of the Openwork offering and are offered in our right. Openwork Limited accepts no responsibility for this aspect of our business. Commercial lending is not regulated by the Financial Services Authority.

For advice or a quote please call us now on 0191 223 6400 or simply complete our online enquiry form – we aim to get back to you on the same working day.