Exciting news from 1st Stop

Home > Blog > Exciting news from 1st Stop

1st Stop Group Limited, the specialist consumer lender, is delighted to announce a significant investment by Pollen Street Capital.
Since its establishment as a lender in 2009 , 1st Stop Group, which has offices in Blackpool and Durham, has undergone significant growth across its Secured Lending, Car Finance, Personal Loan and Home Improvement Products. This has been driven by its detailed understanding and experience of the near prime segments of its chosen markets. The investment by Pollen Street Capital will allow 1st Stop Group to continue to develop and grow its lending book whilst also investing in the infrastructure and platform to deliver an excellent level of customer service alongside the detailed and thorough underwriting to build a high quality lending business.

1st Stop Group will be the second investment by Pollen Street’s third fund, which reached a first close in March 2016 and is targeting businesses where there is opportunity to deliver transformational growth by leveraging Pollen Street’s extensive experience and professional network across the financial services sector. Pollen Street Capital is a private equity fund manager focussed on investing in businesses in the financial and business services sector and has invested over £1.2bn in a range of businesses across all stages of development.

Commenting, Alex Mollart, Founder and Chief Executive of 1st Stop Group, said;

“ We are delighted to announce this investment by PSC Fund III. We envisage significant growth in our chosen markets and look forward to working closely with the Pollen Street team, who have a recognised track record in our market space, to deliver on our growth aspirations.

Commenting , Lindsey McMurray, Managing Partner of Pollen Street Capital, said,

“We are very excited to have the opportunity to back Alex, Dave and the rest of the team at 1st Stop to continue the rapid growth they have achieved in their chosen specialist markets. 1st Stop possesses the qualities Pollen Street looks for in its investments, with an entrepreneurial and driven management team, a differentiated strategy and value proposition, and the clear potential to be a market leading business. We look forward to working with the team to achieve our combined vision for the business”

Hi I'm Loop! Do you need any help?
Yes, I need help
No, just browsing
Ok, firstly, do you already have a loan with us?
No, I don't have a loan
Yes, I have a loan
Welcome to Oplo? Are you looking to apply for a loan?
Yes
No
Welcome back! How can we help?
I'd like to borrow more money
I can't make my next payment
I'd like a settlement figure
I'd like to talk to somebody
Do you know what type of loan you are looking for?
Yes
No
I'd like to know more about your loan terms
No problem, if you're just browsing here's some pages you might find interesting...
About Oplo
Reviews
Ok, firstly - don't worry, we're here to help. First, I need to know what type of loan you have?
Personal Loan
Home Loan
Car Finance
That's no problem, I just need to know what type of loan you have?
Personal Loan
Home Loan
Car Finance
That's fine, please select from the questions below.
What APR will I get?
Do you charge a fee?
Can I use my loan for anything I choose?
Am I eligible to apply?
No problem! Click here to learn more about Oplo.

Thanks for chatting with Loop, have a great day!
If you have had your loan for at least 6 months, please email customerservices@myoplo.co.uk with your details and we will be in touch.
That's fine, our general enquiries line is 01253 601950 and we are open from 8am to 5.30pm weekdays. Thanks for chatting with Loop, have a great day!
Great! Please click on one of the options:

Personal Loans
Home Loans
Car Finance.

Thanks for chatting with Loop, have a great day!
No problem, we've got a page explaining all our loan products here.

Thanks for chatting with Loop, have a great day!
Click here to find out more about us.

Thanks for chatting with Loop, have a great day!
Click here read about what our customers say about us.

Thanks for chatting with Loop, have a great day!
Please call 01253 603960 to speak to our Customer Assistance Team.

Thanks for chatting with Loop, have a great day!
Please call 01253 603962 to speak to our Customer Assistance Team.

Thanks for chatting with Loop, have a great day!
Please call 0191 492 1919 to speak to our Customer Assistance Team.

Thanks for chatting with Loop, have a great day!
Just email pl@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

Thanks for chatting with Loop, have a great day!
Just email homeloans@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

Thanks for chatting with Loop, have a great day!
Just email hp@myoplo.co.uk with your agreement number and one of our team will provide you with your figure.

Thanks for chatting with Loop, have a great day!
The quotation you receive is based on your personal situation and is dependent on many factors such as your credit history, credit rating and financial status.

Thanks for chatting with Loop, have a great day!
When you take out an Oplo loan, an administration fee is added to the loan amount. The fee is part of your monthly repayments.

Thanks for chatting with Loop, have a great day!
Except for our Car Finance loans, which are for a specific vehicle, you can use your funds as you wish.

Thanks for chatting with Loop, have a great day!
You need to be 21 years old or over, be a homeowner, be a UK resident, be in permanent paid employment and NOT be bankrupt, under a current IVA or on a debt management arrangement.

Thanks for chatting with Loop, have a great day!