Social business launches ethical financial services arm
A social business which provides staff training and recruitment services has launched a new financial services division.
LOVE 2 finance, part of the LOVE Group, will offer ethical financial services ranging from mortgages, investment advice, pension and insurance to debt management, equity release, wealth management and wills.
LOVE 2 finance will also offer financial welfare, services and education to people living in poverty with no costs attached, supporting financial inclusion.
In addition to these financial services, the LOVE Group provides staff training, such as leadership and health and safety training, as well as recruitment services, to companies and organisations.
Headquartered in East Kilbride, any profits from the financial services division will be invested back into supporting the organisation’s charitable activities, focused on delivering support to vulnerable children, young people and adults, as well as their families.
Those buying services will therefore being doing so on the basis that they will be investing money back into the community through using a socially responsible provider.
Lynn Bell, CEO of LOVE Group said: “We are delighted to be launching this new service, providing ethical financial services which will target a range of customers and aid financial inclusion through providing support and advice to those living in poverty.
“As a social business any profits will be reinvested into supporting vulnerable individuals to be able to realise their full potential. Those using our service will therefore not only be getting a wide-range of financial services but will also be doing so in the knowledge that as a socially responsible business we will be using any profits to support others.”
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