Zempler

23/01/2025

Zempler Update

Following our regular meeting with Zempler Bank last quarter, we shared the survey monkey questionnaire results, which asked our members to provide feedback regarding potential loan / overdraft opportunities with Zempler. Feedback was limited, however members did indicate that an overdraft facility would be beneficial. As a result Zempler are now working on a project to provide an overdraft facility and will come back to the NPA by the end of March 2025. Zempler advised that they also intend to consider loan opportunities for advances below £150k later in the year. We will keep you updated as each option is developed.