Specialist lender Together has again been listed in The Sunday Times Top Track 250, climbing 56 places from last year in the prestigious league table which ranks Britain’s private mid-market companies by latest sales.
The Grant Thornton Sunday Times Top Track 250 listing for Together confirms an increase in both sales and operating profit of 27 per cent for the 12 months to 30 June 2016 and the lender has continued to grow since, with record results recently announced for 2017.
Gary Beckett, group chief financial officer, said:
“We’re really pleased to be recognised in the Top Track 250, which testifies to our robust business model and affirms our position as a leader in the specialist finance market. We’ve invested heavily in our people and infrastructure, ensuring we have the right platform to support sustained and long-term growth, and are now reaping the rewards of that, with a current loan book in excess of £2.24 billion and annual new lending to 30 June 2017 at close to £1.2 billion.”
Commercial chief executive officer, Marc Goldberg, commented:
“This is a fantastic acknowledgement of our achievements and places us at fifth in the league for the North West region, which we’re very proud of. As the business has expanded, we’ve created more jobs and now employ over 550 colleagues at our Cheadle Royal headquarters, who have all contributed to this success and will help drive Together forward as we continue on our exciting journey.”
Together also recently announced a further increase and diversification in funding, as a result of a new successful £275 million debut RMBS (residential mortgage-backed security) to support its ambitious plans.
Established in 1974, Together offers a wide range of specifically designed products, including short-term finance, auction finance, residential, buy-to-let and commercial mortgages and secured loans, through an established distribution network.