Nucleus reaches £1bn milestone

23-Jan-2019


Chirag Shah, founding partner & CEO

Nucleus has been racing fast towards the £1bn milestone and in an epic start to 2019, they are delighted to announce that the race is over and that they’ve reached their target! 2018 was a fantastic year for Nucleus as they have proudly been able to support more businesses than ever before. 

 The 4th quarter of 2018 was their strongest to date, lending a total of £16.3m across their secured and unsecured loan products alone - an increase of 73% from the same period in 2017. The newly launched portal, designed specifically for brokers, also saw over 900 applications for finance in its first two months. Business Cash Advance experienced the best growth at nearly 600% in the year and they also extended the criteria of the product to include Scottish businesses.

As part of our celebrations, Nucleus have put together a fantastic hub which charts their growth journey, from when Nucleus began as a three-person team back in 2011 to now with a 125 strong staff across multiple locations and internationally. You will find videos, stats and content on the page and an interactive timeline displaying key events from the past seven years.

See the £1bn journey