The City of London Group plc
City of London Group plc (COLG) is listed as a trading company on AIM (TIDM: CIN) and is the parent company of a group which focusses on serving two key segments, the UK SME market and home reversion. While grounded with traditional values, through the strength and depth of expertise in its expanding team, it is now primed for future growth through its two-pronged strategy.
The Group’s expertise covers finance and services for the SME sector and home reversion.
COLG ensures its services are always delivered with a personal touch, so clients know that they are more than a customer and have a partner that will work with them as they look towards the future.
COLG is incorporated in the United Kingdom and the UK is its main country of operation.
These are COLG's Companies
Credit Asset Management Limited and Professions Funding Limited
CAML is a business to business provider of debt finance to SMEs. In addition it provides management services to a third-party fund and to its wholly owned subsidiary PFL for the origination, underwriting, booking and portfolio management, providing commercial loans and asset backed finance to SMEs and loans to professional practice firms.
PFS Property & Funding Solutions
PFS offer property loans for acquisitions, refinancing, refurbishments, and developments. As our client, you will receive a constant and reliable point of contact with a Manager and access to our decision makers. Our loan terms are always structured to fit your business plan and personal to you.
To unlock the capital tied up within properties, many believe they must move or downsize. Milton Homes provides home reversion plans based on either traditional or innovative models, providing people with renewed financial freedom whilst remaining in the homes they love. The business arranges, administers and provides home reversion plans.
In 2018, COLG acquired Echo Financial Services Ltd (“Echo”) which has been rebranded to “Recognise”. Recognise was formed to provide financial services to the UK SME sector and the retail and business deposits market. Subject to the successful granting of a banking licence from the Regulator, it will target an underserved but growing business customer population seeking greater human contact, better speeds of response and execution, flexibility of structuring and continuity of management. If successful, we will expect to raise new capital (likely equity) to grow the loan book. The executive team has extensive experience of operating in the regulated banking sector, they have faced the challenges of building SME banking portfolios, both lending and savings, and consequently have a good understanding of the market dynamics and the associated threats and opportunities.
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