Market Financial Solutions’ loan book reaches £2.4bn
By Elliot TophamMarket Financial Solutions’ loan book has reached £2.4bn, surpassing its £2bn target.
Since surpassing its previous target, the lender has now set its new goal of aiming to grow its loan book to £3.5bn by the end of this year.
In early 2023 the company set its aims on a £1bn loan book.
The news of this year’s loan book results follows the firm renewing and extending a funding line worth over £1bn, as well as promoting 54 members of staff — Market Financial Solutions’ headcount now stands at over 150 employees.
Commenting on the results, Paresh Raja, CEO at Market Financial Solutions (pictured above), said: “Despite a period of economic uncertainty and hesitancy in the market, where higher costs of living and borrowing have had a major influence on market activity, Market Financial Solutions has continued to forge ahead.
“This milestone reflects not just the growth of our loan book but also the significant expansion of our team, which now exceeds 150 talented and hard-working individuals. However, there is no room for complacency. Our focus remains firmly on delivering exceptional products and ensuring an excellent level of service for brokers and borrowers alike.
“I’m excited to see what the next 12 months will hold as we work towards our next goal of a £3.5bn loan book by year-end.”
Keywords: market financial solutions, paresh raja, specialist finance lender, loan book, bridging lender, specialist finance loan book, BTL lender