Invoice finance brokerage hits record growth

The invoice finance brokerage, headquartered in the Gold Tops area of Newport, has opened two other offices in strategic areas of growth in the last 18 months in Manchester and Eastbourne, Sussex. Further expansion to the Birmingham and Bristol areas are planned over the next 12-18 months.

Director Steve Adams said:

“Aggressive growth was our aim over the last two years and we certainly achieved that goal. The next phase in our journey is consolidation. We are looking to grow our client base as well as our staff number in each of our three locations in the UK before we move ahead with opening further offices in the midlands and south-west.”

Speaking of the components of success over the last year, Mr Adams said: “Last year we placed a total of 72 deals. This year, that number looks just north of 180, which demonstrates the appetite in the market for the products we source, as well as the confidence we instill in our clients. One of our goals from day one was to be the biggest brokerage for this type of finance in the UK. We’re not quite there yet, but if we continue to growth projections we have been meeting over the past couple of years, this should be realised within 18 months.”