This month it passed the half a billion pound landmark in active property loans to SME businesses and investors and through asset finance.
The £500 million includes more than 1,500 loans. The average loan size has been £403,000, ranging from the smallest at £23,000 to the largest at £9.5 million.
The loan book alone grew 66% from the Bank’s year end at 2014 to 2015.
CEO Mike Kirsopp said: “Half a billion pounds is a key milestone in the Bank’s growth, achieved in just four years thanks to the experience, energy and commitment of our growing team.
“But we do not rest here. We remain ambitious and will continue to work with increasing numbers of finance brokers and direct customers to lend more money. We have proven the market is there for our service and our can-do approach.
“There will be more jobs created as our lending continues to grow. We forecast headcount exceeding 120 by the end of 2016.”
