Amigo Holdings

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Amigo Holdings
Traded asLSEAMGO
FounderJames Benamor
Area served
United Kingdom
Key people
Stephan Wilcke, Chairman
Glen Crawford, CEO
ServicesGuarantor loans
Revenue£210.8 million (2018)[1]
£66.1 million (2018)[1]
£50.6 million (2018)[1]

Amigo Holdings is a guarantor loans lender.[2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.


Amigo Holdings' offices in Bournemouth

The company was established as a mid-cost[3] guarantor loans lender by James Benamor in 2005.[4] Benamor stood down as CEO, handing over the role to Glen Crawford, in 2015.[4] In June 2018 the company was the subject of an initial public offering on the London Stock Exchange which valued the company at £1.3 billion.[4]


The company is a business which issues mid-cost [5] loans with payments guaranteed by a borrower's family or friends.[6] The amount lent is between £500 to £10,000, with a 49.9% APR, higher than loans from mainstream banks, but lower than high-cost products such as payday loans or rent-to-own.[7] The company has secured around 90% of the guarantor loan market in the UK. [8]


Approximately 61.4% of the company is owned by Richmond Group, a business controlled by James Benamor, the founder.[9]


  1. ^ a b c "Annual Report for year ended 31 March 2018" (PDF). Amigo Holdings. Retrieved 7 September 2018.
  2. ^ "Guarantor loans provider Amigo set for London IPO". Financial Times. Retrieved 7 June 2018.
  3. ^ "FCA Handbook".
  4. ^ a b c "Sub-prime lender Amigo valued at 1.3 billion pounds in London IPO". Reuters. 29 June 2018. Retrieved 7 September 2018.
  5. ^ "Amigo Loans arrives to high expectations". Investor's Chronicle. Retrieved 5 July 2018.
  6. ^ "Guarantor loans provider Amigo set for London IPO". FT. 7 June 2018. Retrieved 7 September 2018.
  7. ^ "Amigo Loans reports 40% jump in revenues". Financial Times. Retrieved 27 November 2018.
  8. ^ "Lender Amigo hits London market with £1.3bn valuation". Financial Times. Retrieved 29 June 2018.
  9. ^ "Prospectus". Amigo Holdings. p. 5. Retrieved 7 September 2018.

External links[edit]