Orchard Funding Group: a premium finance lender at 69% of net current asset value

Orchard Funding Group Plc ORCH.L is an AIM-listed (LSE) micro-cap short term-lender that listed in 2015 and has been profitable ever since, and I’ve chosen to write it up as it is currently a net-net. The share price has not recovered since the start of the coronavirus pandemic, even though the company is still profitable and loan volumes are now reboun…