🤔 Can you get traditional banking with relationship managers and the kind of technology that makes life easier in one neat package? Yes, absolutely! Amanda Cunningham BFP ACA, Director at Plan Accountancy Limited, and her clients have been enjoying this since partnering with Allica. Amanda Cunningham BFP ACA started her firm, Plan Accountancy, just over a year ago and supports established businesses in manufacturing, property and financial services across the North West. She said, “My clients have always faced several pain points with the major high street banks, including the absence of dedicated relationship managers." “Since working with Allica, my clients have been impressed by the bank’s proactive and supportive approach. They appreciate the personalised service provided by the relationship managers, and the higher interest rates on savings accounts. We appreciate working with Allica for its innovative approach to banking, offering modern digital solutions that are user-friendly and efficient. And our partnership manager is also excellent.” Steven Grigg, Partnerships Manager (North) at Allica, added: “Working with Amanda at Plan Accountancy is a joy. Together we look strategically at her clients, identifying businesses that need alternative banking options and getting to the bottom of their banking requirements. And, of course, helping with the onboarding and getting everything set up quickly and easily. It’s been great getting to know Amanda’s business, helping her add value to her clients.” #accountants #accountantsspotlight #businessbanking #SMEfinance #SMEsupport
Allica Bank
Financial Services
London, England 251,881 followers
Business banking how it used to be, just better.
About us
🌟 Rated ‘Excellent’ on Trustpilot 🥇 Ranked #1 in 2024’s The Sunday Times 100 list of Britain's fastest-growing private companies 🚀 Fourth on LinkedIn's '2024 Top UK Startups' list Allica is a bank built especially for established businesses with between 5 and 250 employees. These businesses make up a third of UK employment and turnover, yet the service they get from the big banks is increasingly impersonal, inconvenient, and poor value. We don’t think that’s right. Allica Bank is on a mission to give established businesses the banking they deserve. That means a current account with a great interest rate. A relationship manager whose name and number they actually know. And technology that makes life easier, not harder. It’s proving to be a winning proposition. Allica was recently named as Britain's fastest-growing private company in 2024’s The Sunday Times 100. We’re also the fastest-growing fintech company in the 26-year history of Deloitte’s UK Technology Fast 50 awards. In 2023, we announced we had lent over £2 billion to UK SMEs, raised £2.6 billion in deposits, and become profitable, all in our first four years of business. From our offices in Milton Keynes, London and Manchester, we’re offering business banking how it used to be, just better.
- Website
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https://www.allica.bank
External link for Allica Bank
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2019
- Specialties
- SME Banking, Business Banking, Savings, Business Loans, Commercial Mortgages, and Asset Finance
Locations
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Primary
164 Bishopsgate
4th Floor
London, England EC2M 4LX, GB
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100 Avebury Boulevard
Milton Keynes, England MK9 1FH, GB
Employees at Allica Bank
Updates
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Our senior partnerships manager, Richard Williams, recently joined Johann Goree on the Ask the Accountant podcast, live at Accountex Manchester. They discussed the impact that having a dedicated relationship manager can have for a business and an accountant – just like they might have done 20 years ago. Johann shared what his experience of this has been like for him and his clients working with Allica: "When you say you're a modern bank, you are, but you're also a traditional bank. My clients know exactly who their client manager is, and they speak with them regularly. I’m often copied in on emails, and the response time from them is phenomenal." Thanks for the kind words, Johann! 🧡 Make sure you watch the full interview here: https://lnkd.in/e7H6irwu #businessbanking #accountants #accountex #asktheaccountant
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Lots of you have been asking about Allica’s recent move into the bridging finance market following our acquisition of Tuscan Capital powered by Allica Bank a couple of months ago. Well, you can get both sides of the story in the latest Bridging & Commercial magazine, with articles from both Allica’s Chief Commercial Officer Nick Baker and Tuscan Capital’s founder Colin Sanders. The pair discuss how the transaction came about, what made us think we were the right fit for each other, and how our combined strengths will help us to become a break-out bridging lender with a £500 million bridging loan book by 2027. “It’s a punchy target,” says Nick. “But if I’ve learned one thing from being at Allica the last few years, it’s that it’s certainly achievable!” 🗞️ Read the full article in Bridging & Commercial, pages 14-16: https://lnkd.in/enUB3zHn #businessbanking #bridgingfinance #brokers
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🍻 The Devil’s Stone Inn is saving £1,000 a month by refinancing with Allica Bank. Suzy Cremer bought the historic pub in 2021 and, with the support of her husband Lee, has transformed the place into a thriving local Devon community hub, which is listed in the ‘Good Beer Guide’ 2024 and 2025. They completed the refinance with the help of Matt West, their relationship manager. “It’s so refreshing to have somebody that takes an interest in the business and who takes the time out to actually come here and visit the premises,” said Suzy, the pub’s owner. “And the support doesn’t stop as soon as the deal is signed. Matt’s put us in touch with other people in similar situations at networking events, helping us grow our own network.” With their monthly outgoings now significantly reduced, Suzy and Lee can turn their full attention to the continued transformation of The Devil’s Stone Inn. “We now have the headroom to start thinking about next steps for the pub, including further investment in our accommodation and an outdoor kitchen with a pizza oven, so that more people can enjoy the pub and its beautiful outlook over the countryside.” Cheers to that! #pubs #hospitality #businessbanking #commercialmortgages
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Another business supported with asset finance 🚀 We recently helped a Derbyshire logging company secure £60,000 in funding to purchase a new chassis from a supplier in Ireland and a used crane from a UK supplier. Deals like this can sometimes get complicated, but our team worked closely with Adam Hurst to ensure everything went smoothly for his client. Adam Hurst from Unified Business Finance said: “As soon as I learned about the quirky supply routes involved in this deal, I reached out to Eshna at Allica, who assured me it was something they could definitely assist with. Although the administrative aspect of the deal was slightly non-standard, they handled it quickly and efficiently. As always, their commercial mindset ensured a smooth transaction, making it easy for the customer.” Eshna Harper, Allica’s central business development manager for asset finance, added: “By working closely with Adam, we approached this as a technical sale and hire purchase back, ensuring the customer wasn’t out of pocket while accommodating the postponed VAT accounting from the Irish invoice. These types of deals can easily become complicated, but thanks to our collaboration with Adam, we had every detail covered from the outset. The handover was smooth, and the customer journey was simple and seamless.” Great teamwork and a fantastic result for the customer! 💪 #businessbanking #brokers #assetfinance #SMEfinance
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What an incredible evening! Allica brought home two prestigious awards from the Leasing World Gold Awards: 🏆 Business Finance Champion 🏆 High Impact Achiever We’re so proud to be recognised in these categories – it’s a true reflection of the hard work and dedication of our team. A huge thank you to our amazing broker community. Your continued support and feedback help us to deliver the kind of service and asset finance offering that established businesses truly deserve. Well done to the Allica team 👏 #assetfinance #brokers #SMEfinance #businessbanking
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🙌 Allica has just come 8th in ‘The Super Startups’ - Tempo’s list of the top 100 UK start-ups to work for in 2025!
⚡ The Super Startups 2025 ranking is now live!! ⚡ When we launched this ranking 6 years ago we were fed up of company rankings focusing solely on growth, ignoring the culture and whether they would actually be enjoyable places to work, or good places to develop your career. So The Super Startups was born to recognise the top 100 best startups to work for in the UK. More than 500 companies were nominated and screened this year and were assessed on things including; - The employee experience and company culture - Growth potential - Benefits and flexibility - Company growth, prospects and traction The top 10 for 2025; Winners: Zinc 🏆 2nd: SideQuest 🥈 3rd: Urban Jungle Insurance 🥉 4th: Togather 5th: Numan 6th: Octopus Electric Vehicles 7th: hyperexponential 8th: Allica Bank 9th: Cleo 10th: Runna Full ranking can be found here - https://lnkd.in/ew6S4XMQ Congratulations to everyone who made it on the list this year! 👏
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Increased demand and government support for the childcare sector means more first-time buyers are seeking opportunities to enter the sector. While early-stage development funding can be tricky, acquisitions of established nurseries or underperforming sites can be a way for them to do so. 📺 This was just one aspect of the childcare market covered in the latest episode of Allica’s Brokercast, where Specialist Healthcare Relationship Managers Garry Wilkinson and Brian Bovell DipPFS dive into the recent policy changes for children's day nurseries and explore the banking challenges that can come up. Watch the full episode here: https://lnkd.in/eXeh9cec #commercialmortgages #childcarenurseries #brokers #SMEfinance
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🤩 We're super excited that Allica has been shortlisted at the 2024 NACFB Lender Awards in five categories: ⭐️ Asset Finance Provider of the Year ⭐️ Business Bank of the Year ⭐️ Challenger Bank of the Year ⭐️ Commercial Mortgage Lender of the Year ⭐️ Marketing Team of the Year It's now up to brokers to decide this year's winners. If you are a NACFB member and think we deserve to win, we'd appreciate any votes for Allica. The link and password will be provided to you by the NACFB. Massive thanks for your support! #brokers #businessbanking #assetfinance #commercialmortgages #nacfblenderawards
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Another business supported with asset finance! Allica’s customer, a nationwide sign installation business based in Yorkshire, was looking for urgent funding to purchase a van. Less than two hours after the deal was accepted, we completed the payout and the customer is already using his van 🚀 Shahbaz khan, Account Manager at Moorgate Finance, said: "Allica Bank came through with incredible speed when one of my key clients needed urgent funding for a van purchase. Having worked with Allica before, I reached out to our Business Development Manager, Arshad Miah. The deal was accepted, documents were signed, and less than an hour later, I received the payout email. Arshad kept me informed throughout, ensuring the supplier was promptly paid so my client could collect the van before the weekend. The van is already in use, and my client is thrilled. Allica’s efficiency and communication were outstanding." #assetfinance #brokers #SMEfinance