Future Of Lending Seeks Outside Investment

Loan Purchase, the revolutionary website dubbed as the ‘future of lending’ by experts UK wide, is seeking outside investment after increased demand has fuelled both enquiries and conversions for the Dorset based firm.

Allowing customers to pawn in their larger items that in the past have not been catered for by the backstreet pawnbroker, Loan Purchase to date have received a Ferrari F1 Spider, a Harley Davidson and a Jet Ski.

Daryl Self, Managing director at the firm who offer short-term loans with a difference, said, “We are literally inundated with customers wanting short terms loans, especially as many of the high street banks are withdrawing from lending almost completely. Here at Loan Purchase we have seen a huge increase in people wanting to loan purchase against items that are worth around £200,000. This has meant that we are now looking for an avid investor, especially as we can offer them a good return on their investment.”

Developed by Daryl Self and his team, after a gap in the market was found to exist for a service that allows for an item to actually be purchased, Loan Purchase gives the customer the option to buy back the item for a fee after an agreed amount of time, which can then be extended at the discretion of the company.

Turning tradition on its axis, the team at Loan Purchase guarantees that when someone comes to them with an item of value, they will guarantee to Loan Purchase it, providing a solution to those previously unable to get credit from the banks due to the recent financial gridlock.

Confident that the right investor is just around the corner, the team at Loan Purchase are currently creating an investors information pack, centred on the fact that for the right person, this could be the perfect business opportunity, especially as the world’s media have renounced the start of the pawn broking revival.

Mr Self added, “I have always been interested in the money lending market and have had experience in it, with lending for many years against valuables and assets on a private basis, which in turn led me to look into the varying lending concepts available. After reading a number of articles about high street pawn brokers and cash converter type businesses thriving in this current climate, I realized that there was room for a niche company like Loan Purchase. The business has been hugely successful to date, but now is the time to spread our wings and expansion is certainly on the cards- we just need to find the right investor to take Loan Purchase to that next level.”

Anyone interested in this fantastic opportunity should contact the Loan Purchase Team on 0871 890 3088, or alternatively visit their website at http://www.loanpurchase.co.uk/