Unsecured retail point of sale finance market does not fit long-term with its secured business model, merchant bank Close said. The business had a loan book of £66mln at 31 July with the sale is expected to complete in the current calendar year. Shares rose 1.5% to 1,614p.
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September 14 2018
March 19 2018
September 25 2018
Advantage Finance motor division continues to receive more than 80,000 applications for loans a month and customer numbers now stand at a record 58,000
November 02 2018
“I think we’re a different generation of bank that is a lot quicker on our feet, a lot quicker at reacting to what customers want and are a lot more attractive to the savings market,” PCF boss Scott Maybury said