Independent, niche asset finance funder, Rivers Finance Group, the holding company of Rivers Leasing Plc, has been named for the third consecutive year in the prestigious FT1000: Europe’s Fastest Growing Companies, announced on Friday.
Having ranked in the listing each year since it began in 2017, the FT1000 is a special report ranking businesses from 31 European countries by revenue growth. Compiled in partnership with Statista, the list showcases companies that achieved the highest compound annual growth rate in revenue between 2014 and 2017.
The hurdle to securing a place was said to be a little higher this year: the bottom-ranked company achieved a growth rate of 37.7%, compared with 34.6% last year.
Also highlighting key findings about business growth and development, the report found that tech remains king while a wave of web-savvy retailers are being lifted by consumer trends. London remains the most popular city for these companies, but its number of constituents is falling.
Rivers Leasing came in at a healthy number 557, having previously ranked at 186 in the first year and 391 in the second year. Since it began, Rivers Leasing has been committed to organic growth within its own capabilities to assure all stakeholders with as much security and stability as possible. They see the ranking in the FT1000 as an affirmation of their commitment to steady and carefully managed growth.
Other longstanding and recurring names came from a variety of sectors with businesses including Deliveroo, HelloFresh and Blue Motor Finance.
Ratan Daryani, chairman of Rivers Leasing said: “To feature in the FT1000 is a wonderful validation of all the hard work and careful planning that the team at Rivers Leasing put into everything we do. We take a forward thinking and dynamic approach to leasing and asset finance, with many of the team having come from different industry backgrounds. However, we pride ourselves on a traditional approach to due diligence, customer service and the strength of our relationships with stakeholders and brokers. It’s wonderful to see that recognised.”