Pay Day Loan and Guarantor Term Loan Book – Sold.


Offered for sale on behalf of the proposed Administrator.

Business Opportunity:

An opportunity exists to purchase the existing loan books of the Company which comprises two loan books:

  1. Payday loan book – net loan value £18,721,581.25; 60951 individual loans
  2. Guarantor term loan book – net loan value £426,812.79; 228 individual loans

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with the Vendor. All interested parties will be required to demonstrate FCA compliance.


Business Overview:

  • Exiting Pay day loan book and guarantor term loan books of FCA regulated lender;
  • UK based loans;
  • Assignable loans with rights of data usage presenting significant cross selling opportunities;
  • Additional data sets in relation to settled and completed loan customers available;
  • Current collections averaging circa £50,000 per month from only circa 3000 customers;
  • Huge potential to enhance rate of collection;
  • Customer telephone details recently validated;
  • Immediately available.


High Level Financial Information:

Book 1: Pay Day Loan Book:

Net Loan Value: £18,721,581

Number of Customers: 60,951

Average Monthly Collection (circ. 3,000 customers): £42,000

Book 2: Guarantor Loan Book

Net Loan Value: £426,812.25

Number of Customers: 228

Average monthly collection: £8,000


Deadline for Offers:

Indicative offers including proof of funding should be submitted at the earliest opportunity.


Further Information:

Please contact Damian Short on 0161 359 4332 or by email [email protected]




Private Treaty