BDS Secured Loans has revealed a 50% growth in its business in 2008.
In December 2007 the lender moved into the black and it says this momentum has carried on into Q1 2008.
The lender says it is exceeding target business volumes by roughly 125%.
Mark Clinton, director at BDS Secured Loans, says: “We are delighted with the way that we have started the year.
“After a somewhat low key launch we have been able to navigate ourselves into a position of growth swiftly thanks to the quality of our service and fast, efficient processing.”
He adds: “Despite some market turbulence the secured loans sector remains a great opportunity for brokers to expand into a new business area, safe in the knowledge that they are dealing with an experienced team with a proven track record. I’m confident 2008 will be a big year for us to initiate an increased market presence.”