Non-Standard Finance (LON: NSF) is the topic of conversation when Mark Thomas, Financial Analyst at Hardman & Co talks to DirectorsTalk. Having published a note on the company entitled ‘Reading the Runes’, Mark explains what it was about, what he learned from NSF’s investor day, the growth opportunities and how brexit might impact the company.
Non-Standard Finance plc is a UK-based consumer finance company that provides home credit under the brands Loans at Home and Everyday Loans. Loans at Home is the UK’s third-largest provider of home credit (home-collected personal loans), and of Everyday Loans, a branch-based provider of unsecured consumer loans. NSF was established in February 2015 by John van Kuffeler, who ran home credit group Provident Financial for 22 years before retiring in December 2013. The firm was formed with £48m backing from a group of investors. NSF was listed on the London Stock Exchange in February 2015. The company declared its first interim dividend in August 2016.