Westwood Estate Planning, a Lincolnshire-based estate planning business, has received £8,000 in funding from First Enterprise through the British Business Bank’s Start Up Loans programme. The funds will support marketing efforts to raise awareness of estate planning and financial wellbeing.
The business provides legal services including will writing, lasting power of attorney, probate, and estate administration. Founder Gary Tonsley established the company after experiencing firsthand the challenges of inadequate financial planning when his mother passed away without arrangements in place.
The funding will enable Westwood Estate Planning to expand its client education initiatives, including seminars, newsletters, and partnerships with financial advisers. First Enterprise – Enterprise Loans, a not-for-profit lender, provides loans between £500 and £150,000 to start-ups and SMEs unable to access traditional bank financing.
Representatives from First Enterprise and the British Business Bank praised the company’s efforts to improve financial literacy and support local families in securing their futures.
