Private & Comm. Fin. - Trading Statement
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RNS Number:7402L
Private & Commercial Fin Group Plc
15 January 2008
PCF.L / Index: AIM / Sector: Speciality & other finance
PRIVATE & COMMERCIAL FINANCE GROUP plc
('PCFG' or 'the Group')
TRADING STATEMENT
15th January 2008
The Directors of PCFG, the AIM quoted finance house, are pleased to provide an
update on current trading:
• Continuing strong performance in both consumer and business divisions
• November was a record month for new business and the 4th quarter of 2007
was 86% ahead of 2006
• The Group has signed a new £20 million, 3 year, annually renewable
finance facility with a new lender to finance its growing business
CEO Tony Nelson said, "We are delighted to have this new finance facility which,
coupled with the increases in the facilities provided by our existing lending
banks, will provide further headroom to fund the growth in new business we have
been enjoying. The increased facilities amply demonstrate the confidence which
our banks, with their in-depth knowledge of our business, have in us."
* * ENDS * *
For further information visit www.pcfg.co.uk or contact:
Private & Commercial Finance Group plc Tel: 020 7222 2426
Tony Nelson
St Brides Media & Finance Ltd Tel: 020 7242 4477
Felicity Edwards
Notes to Editors:
Private & Commercial Finance Group plc, which is authorised and regulated by the
Financial Services Authority, is an independent AIM-listed finance house with
assets exceeding £130 million. Through its operating subsidiaries the Company
provides a carefully selected range of high quality equipment finance products
tailored for both business and personal customers. The range extends from
financing cars for consumers to leasing a wide range of equipment to businesses.
www.pcfshowroom.co.uk the Group's virtual car showroom offers a range of
attractively priced new and pre-registered cars on finance.
This information is provided by RNS
The company news service from the London Stock Exchange
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