Logbook loans specialist Mobile Money is expanding its Redditch
operation - with the help of agents John Truslove.
It has moved from premises in Windsor Road to 2,545sq ft offices
at 62 Birchfield Road, taken on a five year lease.
And there are plans to consolidate its second location in the
town at Hewell Road into the new facility, possibly next year.
That would bring the 20-strong Redditch workforce on to one
site.
Mobile Money was founded in October 1998 in Redditch and its
head office is still based in the town. It has 33 branches across
England and Wales.
It allows people to raise money against the value of their car,
borrowing from £200 up to £25,000, depending on the
vehicle's value and the individual's ability to repay. A vehicle
buyback service is also available.
Operations director Simon Furnival said: "Mobile Money is one of
the leading UK logbook loan lenders. Our branches offer same day
cash.
"The West Midlands is an important area for us, it is where it
all began and we are delighted to be able to grow our Redditch
business, further developing our head office functions."
The new two-storey offices are in the Headless Cross area of
Redditch.
John Truslove said: "We were very pleased to be able to help out
a successful business like Mobile Money. I am sure they will go
from strength to strength."
The original concept of logbook loans came from Australia but
Mobile Money has built the operation in the UK and now boasts sales
of £18 million.
For more information on John Truslove, view the website here: www.johntruslove.com