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Commercial Loans Company for Sale in Birmingham, United Kingdom

Credit brokers operating as authorised representatives of a principal firm FCA registration and investment Introducers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Loans
Locations  Birmingham
Local Time 6:58 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: GBP 75,000)
Reason: Sole Director and 50% shareholder returning back to home country. The other shareholder is a non-res... View More
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Business Overview

- We have a referral fee arrangement with one of the famous groups to promote their property Investments.

- The business has FCA registration.

Members of:

1. Federation of Small Businesses.

2. National Association of Commercial Finance Brokers (NACFB)

3. Financial Intermediaries and Brokers Association (FIBA)

- Registered with Information Commissioner's Office for GDPR compliance.

- The business pays GBP 350 per month as a support fee to the franchisor.

- Major part of the revenue is expected to be obtained from commercial lending activities.

Target market: Businesses and Individuals requiring commercial finance, mortgages, insurance products, and auto finance.

- The reason for no revenue is late start as regulatory approvals came significantly later than expected and the sole Director's health deteriorated hence moving back to his home country. The advantage for the purchaser is they get a company which already has regulatory approvals saving time and also fòt print of marketing done. The territory to generate business is UK-wide.

We can also consider joint venture kind of arrangement with reduced capital outlay.

Products & Services Overview

Commercial Finance. Business loans, Asset finance, invoice factoring.

Commercial mortgages.

Insurance products.

Residential mortgages.

Auto Finance.

Through Teachable. com training courses.

Investment Introducers on referral commission basis.

Assets Overview

Brokerplan commercial finance and regulated finance systems and support plus auto leasing affiliate revenue streams.

Teachable. com training courses webpage.

79th Avenue referral agreement revenue if suitable investors in their projects are referred.

Earned GBP 1,829 in the last month.

Facilities Overview

Currently operating from home and there are no business premises.

Director is CIMA qualified Accountant, ACMA, CGMA.

Capitalization Overview

2 shareholders each holding GBP 100. Share capital is GBP 200.

Funding by shareholders loan of approximately GBP 65,000. Used to pay operating expenses and franchise fees for commercial finance and auto leasing.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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