A new entrant to the probate lending market has appointed one of the founders of Tower Street Finance to its team as a Board Adviser from 1st July 2025.
Former Tower Street Finance founder and CFO Jim Sisson joins the Advanced Inheritance team with the aim to make its probate loans available to more customers ‘as part of an ambitious growth strategy.’
Advanced Inheritance is an FCA-authorised provider of loans to beneficiaries and executors in advance of probate. On its website the company say they will advance up to 50% of the money beneficiaries are due after the death of a loved one; and provide advances to executors or personal representatives to cover costs like inheritance tax.
Founder and CEO Dan Baines says the business has experienced strong initial demand since it received regulatory approval in October in 2024 and now plans to expand its technology offering. .
“I couldn’t be happier that Jim will be joining us on our journey, as we seek to drive both growth and innovation in the sector. Jim is not only a highly capable person of great integrity, but he is also vastly knowledgeable when it comes to probate lending. I’m in no doubt that he will be a great source of guidance and support as we take the business forwards over the years ahead.”
said Baines of Sisson’s appointment.
“I’m delighted to be working with the Dan and the Advanced Inheritance team to help further develop what I am sure will be the number one proposition in this exciting market. My experience with Tower Street Finance showed me that probate lending can be a life-changing product for both beneficiaries and personal representatives. I’m excited that, with the team and capabilities we have here, Advanced Inheritance will achieve its great potential in this growing market.”
added Jim Sisson.
Tower Street Finance were the first provider of probate loans to launch sparking further interest in the sector but stopped lending in 2023. The business was acquired by The Level Group in May 2024.
