Arrow Global Group (Arrow), a leading European investor and alternative asset manager in credit and real estate, has launched a new relationship with IncomeMax CIC (IncomeMax), a social enterprise focused on identifying ways for individuals to increase their household income, reduce bills, and deal with problem debts.
This pilot scheme forms part of the Arrow Global Group’s wider social commitment to customers. Arrow already supports the activities of major debt charities, such as StepChange, Payplan and Christians Against Poverty in the UK, which provide free impartial advice to individuals struggling to stay in control of their finances.
By partnering with IncomeMax, Arrow customers will be able to utilise this free and confidential service to help them understand what additional support they are entitled to, helping them to stay on track with payment plans, improve credit scores and build a better financial future overall. The Benefit Entitlement Check service will help identify additional income to ensure customers have all the specialist and financial support on offer to them.
A selection of Arrow team members has been trained to identify and refer relevant customers to IncomeMax. The IncomeMax team will then assist in the search for the extra income benefits that customers are entitled to, helping vulnerable customers take better control of their finances.
Daniel Woodhead, IncomeMax Partnerships Director, said: “IncomeMax is pleased to announce that we have now partnered with Arrow Global to help their most financially vulnerable customers to maximise their income. This pilot scheme began this week and will allow us to help these households find any extra income that they may be missing out on. It’s fantastic to be working with Arrow Global to try and improve the finances of their customers.”
Jim Appleby, Arrow Global UK CEO, said: “Partnering with IncomeMAX helps us to look after the financial wellbeing of our customers by identifying support they are entitled to, but may not be aware is available to them. We aim to build better financial futures and this partnership of providing access to free independent personal money advice is perfectly aligned to our purpose and our core value of doing the right thing.”
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For further information:
Arrow Global Group |
|
Nick Jones, Director of Corporate Communications |
+44 (0)7545 059442 njones@arrowglobal.net |
Brackendale Consulting |
|
Laura Shelley |
laura@brackendaleconsulting.com |
Param Barodia |
param@brackendaleconsulting.com |