Provider of personal loads and credit brokerage services

Key Highlights

Customer base comprises private individuals across the UK seeking short-term, personal loans, all of whom satisfy the business’s repayment terms.
Fully authorised and regulated by the Financial Conduct Authority as a lender and credit broker and has Information Commissioner’s Office approval.
Operates from leasehold premises.
An ideal acquisition for complementary service providers looking to enhance their portfolio with a cash-generative, bolt-on business, as well as for commercial organisations looking to diversify.
Could look to progress relationships with existing and new brokers to increase the volume of applications, conversion rates and profitability.

Financial Highlights
Generated a YE23 turnover of £1 million with an adjusted EBITDA of £294k.
Outturn turnover of £1.2m in YE24 based on 11 months.
Loan book value of over £2m.