The branded lending business, which will retain SPML branding, started operating at Bananas Inc’s Whiteley, Hampshire offices this week. It is serviced by its own dedicated underwriting staff and a team of processing personnel. The move takes Bananas Inc into new areas of the sub-prime markets.
Dave Symondson, Director of Bananas Inc, said: “We will be going into different areas of the sub prime market with a really strong range of products. We are very excited about what SPML is going to contribute over the coming year.”
