Business For Sale - Well Established Consumer Loan Business - Single Applicant Homeowner Loans

John Pye Red Line Spacing

Business Opportunity & Overview

An opportunity has arisen to purchase the Assets and Loan Book of a well-established Sub Prime loan business, specialising in Single Applicant Homeowner Loans.

  • Established in 2008
  • FCA Regulated
  • Leasehold offices
  • 19 employees
  • Vienna Lending Platform used
  • Peak Annual Profit in 2016 of £598,023
  • Customer Loan Book at December 2021 £5.8m
  • 70/30 Broker and Direct Business Lead Generation

Offers

Offers are invited for all such right title and interest the Company has in its Assets. Any sale will exclude Company liabilities other than TUPE responsibilities. The sale of the business will be contracted by way of an asset sale only through an Administration insolvency process.

Timescale

A deadline for offers has been set for 12.00 noon on Monday 14th February 2022.

Further Information

Further Information will be provided on receipt of a signed Non-Disclosure Agreement.

FCA Regulated Businesses only should apply for an NDA as it is considered by our clients that the sale of the Business will only be completed in a timely manner by such a Company.

Contact details

To register your interest and receive the Non-Disclosure Agreement please contact: –

email – gary.harper@johnpye.co.uk

Disclaimer
This information which does not proport to be comprehensive, has been provided by our client and has not been independently verified. No representation or warranty, express or implied, is or will be given by our client, its directors, employees or advisers or any other person as to the accuracy or completeness of this information and so far as permitted by law.