Private & Commercial's Scott Maybury talks of 'very good response' to £10mln raise

Published on 17th Mar 2017

Scott Maybury, chief executive of niche lender Private & Commercial Finance Group plc (LON:PCF) talks to Proactive about the company's £10mln raise.

Maybury adds they have £500,000 on an open offer which is open until early April.

The net proceeds will be used to purchase high quality liquid assets to maintain predetermined liquidity ratios for retail deposit taking and operate comfortably within the relevant regulatory capital regime.

General Financials
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