Online Payday Loan Company For Sale

Business description

Acquisition Opportunity

Business: Online Payday Loan Company

Opportunity: To acquire one of the longest running payday loan companies in the UK with significant expansion and growth opportunities

Location: UK. Easily relocatable as based predominantly online

Key Features
- One of the longest running online Payday Loan companies in the UK
- Supplies clients with same day loans between value of £80 and £1,000
- Bespoke lending system achieving very low default rates
- Significant expansion and growth opportunities both within the business and UK market
- Excellent reputation in market has made it a household name
- Minimal spend on marketing yet still increase in sales of c.£150k
- Comprehensive database of over 100,000 customer applications
- 60% repeat business
- Introduction of affiliate marketing at rate of £10-20 per funded loan could significantly increase traffic
- Market set to double in coming years increasing target market

2011 Turnover: £820k

Property information

Property:

Freehold