Fluent Money, the secured loan brokerage, is celebrating its fifth anniversary this month following a rapid growth trajectory since its launch in 2008.
Turnover has grown by 356% since the first year of trading and loan completion volumes are up by 476% with Fluent Money predicting the completion of £60m of secured lending by the end of 2013.
Kevin Hindley, joint managing director of Fluent Money, said: “We’re extremely proud of the success of the company over the past five years. With an economic climate that has been challenging particularly for SMEs, growth has by no means been easy but our commitment to quality customer care has meant that we stand out in the marketplace.”
The number of staff employed at the firm has expanded at a similar rate with an initial team of 11 people growing to a staff of 65.
Hindley said: “In the next stage of the business the emphasis is on further growth as well as attracting the highest calibre of employees to the business.”
Fluent Money now works with over 1000 registered lead providers across many different sectors including price comparison websites, affinity partnerships and mortgage brokers compared to one lead provider with which it started trading.
Tim Wheeldon, joint managing director, said: “We’d like to extend our thanks to our lending partners, lead providers and of course to our excellent staff for all their hard work during the last 5 years.”