Take advantage of increasing interest rates and join Insignis to help your Clients earn more on their cash deposits.
UK inflation has hit a new 40-year high of 10.1% in August – prices are expected to continue to rise for some time to come. There is one important silver lining for UK businesses. Business Savings opportunities have dramatically increased.
In the current climate, a proactive approach to business savings is a key strategic tool in helping businesses to minimise the adverse effects of inflation and support sustained growth.
This involves spreading cash reserves across a range of different accounts, to diversify risk as well as benefit from the varying interest rates offered from one Bank to another. Benefits include:
Although the benefits are clear, constantly tracking the current interest rates and opening new accounts is too time-consuming and manual. This is where Insignis Cash Solutions can help. By seamlessly opening a single Insignis Cash Solutions account, businesses will efficiently gain access to savings products from 37 different Banks and Building Societies, taking away the need for multiple, lengthy application processes and ongoing management of these accounts. On the Insignis Cash Solution platform, businesses are able to compare products on offer quickly and easily to ensure they find accounts that meet their requirements.
Check out our current top rates for Business Savers:
Insignis is an award-winning platform that uses innovative technology to help businesses take back control of their cash savings. To find out how Insignis could help your business, request an illustration today or book a demonstration of our platform.