Perch Group secures £90 million combined funding package to enable next stage of growth
Blackpool-based Perch Group, a debt purchase, collections, litigation and reconnection business, has secured fresh new capital from a new NatWest-led banking syndicate.
Over the last 12 months, Perch Group has seen a 44% increase in the number of accounts purchased, a 38% increase in the face value of purchased debts, and a 40% increase in the number of clients it has served.
The consortium providing £90m worth of funding includes Hampshire Trust Bank, and a material enhancement and increase of the existing arrangement with Q... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
