Skipton Business enterprise Finance is targeting more growth after reporting record revenue.
The bill finance service provider, component of the Skipton Constructing Society team, has declared pre-tax income of £5.4m in 2021, up 53 for each cent from £3.6m in the prior calendar year.
It also recorded 40 for each cent development in loans and advanced £120.5m to its shopper portfolio in 2021, up from £86m in 2020.
Greg Bell, managing director at Skipton Business Finance, reported: “I am delighted to announce that Skipton Small business Finance has viewed file gains in 2021. The revenue we have created means we can carry on to commit in our people today, our consumers and, as importantly, our proposition, which continues to be committed across all spectrums of the Invoice Finance industry.
“These success definitely reflect the difficult do the job and devotion from everybody in the business enterprise and our system now is to maintain developing our exceptional shopper services and further more fortify our position as a significant player in the invoice finance sector.”
Skipton Business Finance mentioned it was aiming to carry on to increase by producing the existing enterprise design and aid businesses coming out of a challenging pandemic.