1st Stop Group pass £200m lending milestone

1st Stop Group has announced that it has passed £200 million of outstanding loans.


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Thursday 30th May 2019

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"We have ambitious plans for the future with a number of exciting products in development"

1st Stop Group – a portfolio company of Pollen Street Capital, the independent alternative asset investment management company – offers secured lending, car finance and personal loan products, lending over £100m in the last twelve months.

Alex Mollart, founder and chief executive of 1st Stop Group, said: “We are excited to have achieved this milestone and recognise the valuable input from Pollen Street over the last three years, to enable us to grow the business in this way. We have ambitious plans for the future with a number of exciting products in development and look forward to working with Pollen Street to bring these to market.”

Matthew Potter, investment partner at Pollen street Capital, added: “Pollen Street seeks out high quality partners with the potential to grow their businesses and innovate in their chosen markets. 1st Stop Group are a fantastic example of this, and we are delighted with the progress they have made by hitting this landmark. We look forward to continuing to work together, and we are excited to reach the next milestone.”

Author:
Rozi Jones Editor Editor
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