SME Loans acquired by JPM Capital as both parties look to grow in 2021.
LONDON, ENGLAND, UNITED KINGDOM: SME Loans is proud to announce that on 1st February 2021, the business was acquired by leading Chester-based brokerage, JPM Capital Limited.
The acquisition sees SME Loans and its associated staff operating as a trading style of JPM Capital Ltd. SME Loans, a leading credit brokerage that helps small businesses and startups across the UK to find business funding, will continue to operate as normal and maintain its current branding.
Following the acquisition, Paul McPherson, company director at JPM, stated: “There was some serious competition to acquire the brand, but JPM had forged a great relationship with the SME Loans team and moved quickly to secure the business when it became clear the owners were looking to sell.”
The team at SME Loans commented on the acquisition, “We are really excited to be working alongside JPM Capital, as it offers an exciting and promising opportunity for both parties going ahead. Since we’ve joined, Paul and the JPM Capital team have been very welcoming and helped us to settle in. Although there is much more to do, we believe that with our combined expertise of digital marketing and JPM’s expertise of the financial industry, we will be able to push SME to perform to its very best”.
SME Loans established itself in London in 2019 as a credit broker helping businesses across the UK to find finance. Despite 2020 being a tumultuous period globally, the company went from strength to strength, seeing over 100,000 visitors to the site in 2020 alone and generating thousands of applications a month. In the early stages of the pandemic, SME Loans was forced to get creative by utilising CRM to further engage customers as well as implementing a complex affiliate programme to generate further revenue for the company. The team also initiated a successful campaign to help budding entrepreneurs to start a new business by writing a series of articles and compiling them into a downloadable, ‘How to start a business’ guide.
The acquisition signals an exciting and prosperous future for the two brands as they look to consolidate their strengths and make their mark on the financial industry in 2021. With the government plan to return to normality by June 2021, many businesses will require finance as the UK economy looks to bounce back after an unstable year. It is the aim of SME Loans and JPM Capital to help broker the finance needed for businesses who are looking to get back to normal, including up and coming entrepreneurs looking to set up businesses.
About JPM Capital Ltd: JPM Capital is a leading finance brokerage based in Chester, UK. Established in 2015, JPM has over 30 years of industry experience as well as being a member of the National Association of Commercial Finance Brokers. JPM helps find the right funding products for their clients, specialising in VAT Funding, Tax Funding, Invoice Discounting, Alternative Finance, and much more.
JPM Capital Finance Ltd are a collective of experienced commercial finance brokers, dedicated to achieving tailored finance solutions for our clients.
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