BFS expects 25% year-on-year growth for next five years

Bridging Finance Solutions (BFS) has revealed that it is estimating 25% year-on-year growth for the next five years.

The specialist lender recently revealed to Bridging & Commercial that its loan book had increased by 31% in H1 2019, compared with the same period in the previous year, while it was targeting an overall turnover growth of 25% for the year.

This comes as it has witnessed 25% growth for the past four years.

John Hardman, head of sales at BFS (pictured above), said: “Our operation and external profile has undoubtedly been built around our people and, in a sector that can often appear faceless and centred around figures and interest rates, that is incredibly important to us.

“I recognise the importance of owning an identity as a lender, an approach or set of behaviours that set you aside from the rest.

“I firmly believe my team has that and our historic results show that to be true.

“The key is maintaining that high level of consistency and delivery to ensure we are a lender of choice for many brokers.”

Last month, BFS also told B&C that it had opened dialogue with a number of institutional funders to launch a BTL product.

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