Bridging lender's parent named in top 100 fastest growing companies

Enra Group, the parent company of bridging lender West One Loans and distributor Enterprise Finance, has been ranked 22^nd in the Sunday Times Virgin Fast Track 100.

The league table ranks the top 100 private companies with the fastest growing sales over their last three years.

Enra is up 20 positions compared to last year after announcing annualised sales of £16.2m, up 90% on the previous year.

Danny Waters, Group Chief Executive at Enra, said: “To be recognised again by such a prestigious publication shows we are not just leaders in our field, but among the most ambitious and best-performing companies in the country.”

“With the Enterprise Finance Secured Loan Index showing that the second charge mortgage market is almost a £1bn-a-year industry now and the profile of the products only set to increase once the EU Mortgage Credit Directive is implemented in May, demand is only set to rise.

“Our priority remains helping intermediaries and their clients find the most suitable financial product for their borrowing needs, but this is the cherry on the cake and benefits the reputation of the sector as a whole.”

The jump up the table comes a year after Enra was ranked 15^th fastest-growing company in the UK by the Sunday Times Profit Track 100.