1st Stop Group hits £250m lending milestone
1st Stop Group has announced that its loan book has now reached £250 million.
"We are excited to have achieved this milestone and we look forward to moving towards our next goal of £500m towards the end of 2020."
The Group says it has seen significant growth across its secured lending and personal loan products.
Alex Mollart, founder and chief executive of 1st Stop Group, said: “We are excited to have achieved this milestone and we look forward to moving towards our next goal of £500m towards the end of 2020. There are some very exciting projects being worked through within the business currently and we have a number of significant strategic launches due within the first quarter of 2020. These launches will help accelerate our growth and continue our ethos of putting the customer and our people first.
"This milestone is also testament to the close partnerships we have forged with our broker network, who recognise that our approach to lending enables us to lend to customers who may be refused elsewhere.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Budget
Budget: Government confirms details of 2.5% deposit first-time buyer scheme
FCA
Advice firm employees plead guilty after defrauding clients of £2m
State Pension
Budget: Government confirms state pension tax protection
FCA
FCA restricts six lenders over anti-money laundering concerns
Budget
Budget: Government reduces Lifetime ISA withdrawal charges ahead of new FTB ISA launch
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts