The Stroud-based firm also revealed that it had achieved a 91% increase in the number of invoices purchased and loans made in the last 12 months, with its total funds advanced reaching £260m by the end of June 2016.
Jonathan Willder, CEO of Catalyst Finance, said: “The last 12 months have seen the business really change gear in its stature in the alternative finance industry.
“We’ve invested heavily in recruiting in our sales and marketing functions, we’ve won awards and we’ve continued to focus [on] delivering the very best service to our clients and introducers.
“I’m looking forward to building on the solid foundations established over the past three years to meet the increasing demands of those seeking flexible funding for their businesses.”
Established in 2013, Catalyst offers both selective invoice finance and commercial loans.
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