Existing Customer Support Although Novitas Loans has ceased lending to new customers, there remains an opportunity to offer complementary financial services or debt management solutions to their current clientele, leveraging their ongoing support for existing loans.

Regulatory Compliance With operations regulated by the FCA and PRA, there is potential to provide compliance consulting, risk management services, or technology solutions that enhance their adherence to regulatory standards.

Technology Infrastructure Novitas utilizes advanced tech tools such as Amazon EC2 and Drupal, indicating openness to innovative digital solutions—ideal for offering backend infrastructure, cloud services, or cybersecurity enhancements.

Acquisition & Expansion Having been acquired by Close Brothers, there may be opportunities to collaborate on financial products, cross-promotions, or integration with their broader financial services network targeting similar market segments.

Market Positioning Operating in a niche legal cost lending space with a modest revenue profile, there is potential to introduce targeted financial products or advisory services that expand their service offerings within the legal finance industry.