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H&T Group to provide its loan product through Cash Converters

The hook-up should provide a new source of business for H&T

H&T GROUP PLC (LON:HAT) has entered into a brokerage agreement with Cash Converters (UK) Limited and their franchisees.

H&T will provide its personal loan product via 150 Cash Converters stores and the Cash Converters web site.

The company said the deal would provide a valuable new source of business for the company and would support the continued expansion of H&T's personal loan product, but advised there would be a small amount of start-up losses in 2016 related to establishing the product in the Cash Converters locations.