Business for Sale Overview:
Currently run from a home office and fully managed by the owner, this business is well respected within it's sector and currently generates all leads from Introducers. At the moment 80% of the turnover is generated through Secured Loans and 20% through Mortgages (and associated insurances) - mainly in the sub prime sector.
Commercial Finance and IFA services have been added to the companys product portfolio, but these have yet to be marketed, and hold an opportunity to increase fee income further.
All of the Introducer's are paid on a commission split basis (on completion), helping to minimise costs to the business. It’s success has been built upon providing a first class service to Introducers in terms of reporting, paying promptly and completing deals they may have otherwise lost. Introducers vary from Financial websites, IFA’s, data providers and General Finance Brokers.
The Business also has very strong and well-established links with it’s lending partners as well as excellent negotiated commission levels .
The business includes a fully functional professional website with online application forms, tools and information both for clients and introducers. The company’s database contains completed deals, refusals and active clients, as well as it’s ‘lead bank’. There is also a database of active and dormant Introducers.
With investment from a purchaser, either through time devoted to the business or through further marketing, this business is set to expand. As the business purely introduces business/leads to appropriate partners this may also be attractive to a company who package ‘in-house’.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Relocatable
Market Competition and Expansion:
The company advertises through Google search engine “adwords” section, and enjoys good visibility through the search engine facility.
Reason for Selling:
full attention to the new activity
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.