ID : 38585
We have a fully FCA authorised firm for sale which has the ability to provide Debt Counselling Services, Debt Adjusting and set up and manage Debt Management Plans and hold client monies
You are able to assist clients with their financial problems and also refer them for other debt matters to other firms earning a commission if the referral is successful
There are no restrictions on the geographical location of their customers.
The firm is fully relocatable.
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The firm is in a position to apply for funding from the Money Advice Service. https://www.moneyadviceservice.org.uk/en/corporate/commissioning-in-london-and-north-west-for-july-2019
We are delighted to announce that we have opened applications for debt advice funding in the North West for 2019-22, with up to £3.6 million in the first year available to potential partners from July 2019.
We are looking to fund organisations who will work in partnership to deliver high-quality free debt advice to over-indebted people in the North West, in line with our strategic approach to debt advice commissioning. Reflecting this strategic approach, we are commissioning services on the basis of two distinct service specifications with contracts available in both Lancashire and Liverpool City Region and grant funding in Cumbria, Cheshire and Greater Manchester.
Funding is open to applications from all types of organisations, which may apply as a single applicant or as part of a wider consortium. The deadline for applications is 12:00 pm on Wednesday 31 October 2018.
Organisations wishing to apply should register on the MAS eSourcing portal in order to access information relating to both contracts and grant funding in the North West, including application forms. This can be accessed here: mas.bravossolution.co.uk.
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It is authorised to provide full debt advice, provide Debt Management Plans, Authorised to hold client monies, Can charge client fees. All ready to go,
Firm bank account will be transferred, domain included within the sale.
Business can be run from anywhere in the UK.
Company will be sold with Zero customer base, no liabilities, all regulatory returns and filings up to date. Buyer will need to also place £5,000 in funds for the prudential requirements within the firms accounts.
Massive opportunity
Vendor has other commitments to fulfill which is why the firm is for sale.
The firms FCA Permissions are:
Client Money
This firm must protect the money it holds and/or controls on behalf of customers. It cannot lend this money or use it to finance its own business.
Specific requirements may change this firm’s ability to hold and/or control client money – see below for details.
Agreeing to carry on a regulated activity
Limitation
Limited to carry on regulated activities.
Debt Adjusting
Debt-counselling
Providing Credit Information Services
Limitation
Not permitted to carry out credit repair services
