Scott Maybury, the chief executive of Private & Commercial Finance (LON:PCF), says the AIM-listed finance house is on track to meet targets this year for return on assets. He says the portfolio continues to grow and the credit quality is "improving all the time". Maybury however believes the share price does not reflect the improvements seen in the business. He also distances the company from the high-rate lenders that are attracting plenty of criticism for their underhand sales tactics and eye-watering interest rates.
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