Catalyst Finance announces significant growth milestone achievements
Stroud-based business financier Catalyst Finance has announced half yearly 2016 results with a 35% increase in funding to SMEs.
The independent alternative business financier who also have an office in Warrington has achieved a 91% increase in the number of invoices purchased and loans it has made in the last 12 months reaching £260m to the end of June 2016.
The results confirm the aspirations of the business as it continues to provide much needed cash flow to SMEs.
Jonathan Willder, CEO of Catalyst Finance, said:
“We are delighted to announce these results. The last 12 months have seen the business really change gear in its stature in the alternative finance industry. We’ve invested heavily in recruiting in our sales and marketing functions, we’ve won awards and we’ve continued to focus delivering the very best service to our clients and introducers. I’m looking forward to building on the solid foundations established over the past three years to meet the increasing demands of those seeking flexible funding for their businesses.”
Photo caption: Jonathan Willder, CEO of Catalyst Finance