CCR Magazine

You are here  :Home arrow News arrow Independent Growth Finance reports £47.3m funds out in first year since MBI/MBO
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Independent Growth Finance reports £47.3m funds out in first year since MBI/MBO PDF Print E-mail
Thursday, 13 April 2017
IGF, the leading commercial finance provider for SMEs, has reported a 273% increase in funds out since its management buy in/buy out in March 2016, with a total of £47.3m delivered to businesses across the UK. The business now boasts a nationwide presence following the opening of five new regional bases and 22 new hires. 

Key highlights of the year include:

61 new deals closed including ABL and Invoice Finance
A new regional office in Glasgow boasting 14 new clients across Scotland and funding totalling £10.2m;
New offices in Manchester, Birmingham and London with additional regional bases in Thames Valley and Yorkshire
£9m financing secured for businesses in Yorkshire
£3.8m financing secured for businesses in Greater Manchester and the NorthWest
22 deals closed in the South-East, totalling £14.2m, 14 of which were outside the Capital
Eight funding lines completed for businesses in East of England totalling £5.55m
Four businesses financed in Wales and the South West, totalling £5.1m
£3.3m funding delivered to seven businesses across the Midlands

John Onslow, CEO, Independent Growth Finance, said: “It has been a fantastic year for the IGF team who have worked hard to deliver the financial support that our clients want. These results demonstrate the growing appetite for alternative finance amongst the UK’s SMEs, and IGF will continue to be there to support these businesses and ambitious entrepreneurs.”
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197