Acquisition for AIM-listed doorstep lender

WEST Yorkshire-based doorstep lender Morses Club, which has around 200,000 customers across the UK, has made an acquisition which will enable it to accelerate the launch of a branded online instalment loan product.

Shelby Finance, the Altrincham-based provider of online instalment loans, will operate as a subsidiary of Morses Club.

Morses Club, which floated on the AIM last year valuing the company at around £140m, says it has seen an increasing number of visitors to its website who are looking for alternatives to ... For the full story register now for free or login below...