Unsecured Loans Finance Company

Price:

Other - £95,000

Seller Ref:

CG066

Location:

Essex

Business Type:

Corporate Businesses, Service Businesses

See Other:

Other service businesses for sale in Essex
Finance / professional businesses for sale in Essex
Service businesses for sale in Essex
Corporate businesses for sale in Essex

Description:

THE BUSINESS:

This business provides home collected credit and unsecured personal cash loans made available over a selection of weekly terms. To over 200 clients with average weekly collections of £2000+, loan book value is £136,000, and annual profits of £85,000.
As a member of the Consumer Credit Association the Business operates under the rules of the Consumer Credit Act 1974.

The business offers weekly loan terms available at varying rates of interest. The business also offers consolidation loan refinance facilities. The business in general offers interest rates of between 365% and 433% APR.

The business operates in an Essex town with the right kind of demographics and has a widespread, loyal customer base.

Location Details:

There is no property associated with this sale.

Trading Hours:

Monday – Friday: 4.0 pm – 7.0 pm