Catalyst Finance announces significant growth milestone achievements
Great start to 2016
• Over £250m of invoices purchased and loans made
• 35% increase in funding to clients in the first 6 months of 2016
• 91% increase in invoices purchased and loans made from June 2015 to June 2016
We have a had a really great start to 2016, over the past 6 months we have increased funding to SMEs by 35%
and achieved a 91% increase in the number of invoices purchased and loans made in the last 12 months reaching £260m to the end of June 2016.
The results confirm our business aspirations as we continue to provide much needed cash flow to SMEs.
“We are delighted to announce these results”, says Jonathan Willder, CEO of Catalyst Finance. “The last twelve 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.”