Approved Business Finance Reaches £450m Milestone and Expands Team for Growth
Approved Business Finance Hits £450m Milestone in Loan Completions
Asset finance brokerage Approved Business Finance has achieved a significant milestone by completing loans totaling £450 million. The Milton Keynes-based firm, established in 2019, has seen rapid growth, facilitating over £150 million in financing in the last year alone.
The company attributes its success to the development of products tailored to meet a wide range of business needs. With expectations of continued growth in the coming years, Approved Business Finance has taken steps to expand its operations and meet increasing demand.
To support this growth, the firm has doubled its business finance team and added four members each to its credit partner and property finance teams. Recent appointments include Grace Rust as finance coordinator in the property finance team and former professional footballer Andrew Johnson as director of real estate.
Additionally, a new client relationship team has been formed, led by commercial director Mark Kozo and client relationship manager Alexis Guyler. This team is focused on providing tailored services to clients and securing new business opportunities.
Approved Business Finance has also expanded its tax division with new premises in London, now boasting a six-person team with technical consultants serving clients across various sectors.
Founder and managing director Rory Dunn expressed pride in the team’s growth and the company’s ability to invest in technology to enhance client services. He emphasized the importance of understanding clients’ financial profiles and providing personalized solutions.
The company’s success has allowed it to give back to the community, raising over £100,000 for the Saints Foundation, the official charity of Northampton Saints rugby club. Approved Business Finance has also conducted financial wellbeing workshops for Premiership and Championship football clubs, educating young players on financial stability.
The expansion and community involvement reflect Approved Business Finance’s commitment to growth and giving back. With a strong team in place and a focus on client needs, the company is poised for continued success in the financial services industry.
