Thursday 29 Oct 2015
Record third quarter places business firmly on target for unprecedented year
Crystal Specialist Finance has surpassed its entire issued terms figure for 2014, and plans to hit one billion in 2015 after revealing another record quarter.
From July to September, the company issued terms of £276.3m bringing the year-to-date figure to £757.8m. This marks a 14.1% increase on last year’s annual total of £664.3m.
The quarter was further boosted with new business up 68% and completions rising a record 65% against the same quarter last year.
The Tamworth-based specialist finance experts, who previously operated under the name Crystal Mortgages, rebranded in April to highlight its whole-of-market offering across five core divisions: Bridging, Commercial, Development Funding, Second Charge Loans and Specialist Mortgages,.
Jo Breeden, managing director of Crystal Specialist Finance, said: “This time last year I announced that we were aiming to reach half-a-billion issued terms in 2014, to stand here 12 months later and speak of reaching a full one billion in a calendar year is nothing short of exceptional.
“The rebrand has been a magnificent catalyst for growth, numbers are up across the board as our core areas are highlighted through all marketing avenues. Add to this a #backingbrokers campaign which highlights our service delivery promises to our customers, and we have a very strong business proposition.”
Crystal Specialist Finance operates in England, Scotland and Wales. The company has access to a complete range of commercial products from over 80 lenders, including exclusive products.