Through its Hello Loans, Progressive Money and Evolution Money brands, this Manchester firm specialises in lending to people who may not have a perfect credit record. It offers secured loans — often called second mortgages or second-charge loans — after affordability checks. It was founded in 2011 by Steve Brilus, 49, and Mathew Beaver, 37, following the crash in 2008 that wiped out many second-charge lenders. Turnover, representing its net fees, reached £12.2m in 2016 and in June it secured £100m in funding from a syndicate of financial institutions.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2017
Rank82
CompanyDarwin Group
ActivitySecured loans provider
LocationManchester
Annual sales rise over 3 years52.17%
Latest sales £000s12,232
Staff142
Founded2011
Websitewww.darwinloansolutions.co.uk

If applicable:

* supplied by company † annualised figure