In the currently ever shrinking world of financial services and loan companies, yet another secured loan provider has been subjected to a management buy out this month.

Gopher Money has just completed the purchase of the secured loan brokerage Creditflex, who provide secured loan sourcing for a large number of financial advisers and loan brokers from across the whole of the secured loan market place.

The three Directors of Gopher Money, Mark Prideaux, Sean Byrne, formerly of the Evolution Consumer Group, which includes the companies: Debt Matters and Creditflex Loans and Mortgages and Chris Birks, formerly of Creditflex loans, have more than 50 years worth of experience in financial services between them and have largely been responsible for building Creditflex into one of the UK’s largest brokerages for secured loans, along with Debt Matters in the personal loan debt management sector.

As the economy of the UK slowly starts to recover and banks and building societies begin to return to offering loans once again, Gopher Money feel that now is an ideal time to develop the secured loan brokerage business, along with offering debt management services for those borrowers struggling with their existing loans.

Gopher Money have developed key links with lending organisations and financial intermediaries and loan brokers and feel that they are now well placed to take full advantage of the improving secured loan market and build the new company into one of the UK’s leading firms for financial services and secured loans within the next twelve months.

Mark Prideaux, Chairman of Gopher Money was extremely positive about the buy out, he said “The Creditflex Loans and Mortgage Ltd business has been through some tough times in recent years. There has never been a better time to invest in the secured loan market place.”

“We are looking to provide a level of service that is unparalleled throughout our industry.”