Amicus

Amicus Asset Finance Group goes back into private ownership




After just under four years in the ownership of Amicus Finance PLC, Amicus Asset Finance Group Limited – formerly Norton Folgate Capital Group Limited – has entered back into private ownership.

B&C reported earlier this month that it understood that Amicus Property Finance had halted lending after failing to work out a deal with a suitable investor that was set to fund the business going forward.

In a statement from Amicus Asset Finance, it stated that it was “business as usual with significant capital available to continue to develop and grow the business”.

Robert Keep, managing director at Amicus Asset Finance Group Limited, commented: “We have a great team here, excellent support from our bankers and senior debt providers and an active introducer network.

“We look forward to a great year in 2019, serving our broad and varied customer base.

“We wish our many friends at Amicus Finance PLC well.

“We are currently considering a change of name to underline our independent status, but have not yet decided on what it might be.”

For any additional information, brokers can contact Robert at Robert.Keep@amicusassetfinance.co.uk or on (0)20 3893 9000. 

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