Nordax Finans
Revenues* : SEK733m
Acquired : July 2010
Fund : VCP VII
Business : Consumer Loans
Vision Capital Contact : Andrew Rich
Headquarters : Stockholm, Sweden
Description : Nordax Finans serves prime customers in the Nordic region with medium-term unsecured loans, originated principally via the direct mail channel. Nordax is supported in its lending operations by a number of major international banks, securitisation and by retail deposits.
* To end December 2009