Alert Data News | Business | Companies | UK | Mortgage finance / commercial lending

Paragon Finance Plc

Tue, 31 Jan 2012 09:13:57 +0000

Profits up by £2m - New lending business developed - Investment opportunities acquired
Solihull-based Paragon, the mortgage origination group, has recorded a rise in profits to £20.3m for the period from October 2011, compared to £18.1m in 2010 for operating profit, as a result of income generated from the groups new business developments. Pre-tax profit was £20.8m for the same period. During 2011 the group continued to develop its new lending business, completed its first securitisation since 2007 and secured portfolio acquisition investment opportunities.

Wonga.Com Limited

Tue, 24 Jan 2012 04:39:33 +0000

Business expansion - New London headquarters
Payday loan company Wonga is seeking new headquarters in London to accommodate recession-fuelled growth.

John Charcol Associates LLP

Thu, 12 Jan 2012 08:27:41 +0000

John Charcol appoints head of sales
John Charcol has appointed sales manager Dan Jolly to the newly created post of head of sales.

Paragon Group of Companies Plc

Mon, 19 Dec 2011 17:00:05 +0000

Acquisition of Portfolio - Cash Consideration of £55.7m - Total Investment todate £145.2m
The Paragon Group of Companies PLC, through their investment division Idem Capital, have acquired of a portfolio of closed UK consumer credit card receivables from MBNA Europe Bank Limited. The consideration, which is financed from Paragon's cash reserves is £55.7m. Nigel Terrington is Chief Executive.

Wonga.Com Limited

Sat, 26 Nov 2011 10:36:39 +0000

Wonga.com increases ad spend
Wonga.com increased its spending on advertising to more than £13million in the year to the end of September, a huge increase on last yearâ€™s £2million.

Paragon Group of Companies Plc

Thu, 27 Oct 2011 08:00:04 +0100

Paragon Group of Companies Plc - Acquisition of Loan Portfolio
PAG - is pleased to announce the acquisition of a portfolio of unsecured consumer loans from The Royal Bank of Scotland PLC. The consideration, which is being financed from Paragon's cash reserves and which represents the value at which the acquired loans will be taken on to the Group's balance ...

Wonga.Com Limited

Tue, 18 Oct 2011 10:36:39 +0100

Business up for Wonga.com
Wonga.com has recorded 200,000 lunchtime applications this year. This is 50% up on other times of the day and more than twice as many as this time last year.

Wonga.Com Limited

Tue, 04 Oct 2011 10:36:39 +0100

Wonga.com CEO wins award
The winner of the E-commerce and technology award was Errol Damelin of Wonga.com at the UK enterprise awards.

Provident Financial Plc

Wed, 27 Jul 2011 16:20:34 +0100

Provident Financial wins customers, profits rise
LONDON (SHARECAST) - Shares in Provident Financial jumped after the doorstep lender lifted half year profits on the back of higher customer numbers.

Provident Financial Plc

Wed, 27 Jul 2011 14:20:26 +0100

Hedge funds lose £100m as Provident Financial profits rise
Short-sellers gambling on lender's decline take a hit after its profits increase 15% to £62m