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IGF reports GBP47.3m funds out in first year since MBO

Independent Growth Finance (IGF), a commercial finance provider for SMEs, has reported a 273 per cent increase in funds out since its management buy in/buy out in March 2016, with a total of GBP47.3 million delivered to businesses across the UK.

The business now has a nationwide presence following the opening of five new regional bases and 22 new hires.
 
John Onslow, CEO, Independent Growth Finance, says: “It has been a fantastic year for the IGF team who have worked hard to deliver the financial support that our clients want. These results demonstrate the growing appetite for alternative finance amongst the UK’s SMEs, and IGF will continue to be there to support these businesses and ambitious entrepreneurs.”

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