Despite Brexit concerns keeping 93% of business owners awake at night, small and medium-sized firms across the UK continue to display formidable resilience. Our recent Powering Freedom survey of UK SMEs indicates that despite the continued uncertainty, UK businesses remain confident of the future, with growth and investment high on the agenda. IGFs own growth supports the findings in our Powering Freedom report. Since the acquisition in April 2016, we’ve been on our own ambitious growth journey.

We continue to see significant month-to-month – and year-on-year – growth. Exceeding our own targets. Our client book has gone from £17m funds out to over £120m – 711% growth in just three-and-a-half years!

Increases in deal size were expected, given the introduction of asset-based lending to the business, but deal volumes have exceeded expectations. As a result, the business has been transformed into a mid-market asset-based lender, working with clients from £1m+ turnover and a funding need between £250,000 and £10m.