Nottingham-based Oakbrook provides consumer loans through its Likely Loans and Appro Loans websites. Led by chief executive Michael Woodburn, 46, it has developed an automated application system that enables customers to access cash within 24 hours of applying, and says it uses machine learning to help estimate borrowers’ credit risk. Backed by investment firm Blenheim Chalcot, the company increased its sales last year to £24.8m, a figure that represents interest payments.

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
Rank7
CompanyOakbrook
ActivityConsumer finance provider
LocationNottingham
Average 3 year sales growth213.84%
Latest sales £000s24,848
Staff70
Founded2011
Websitewww.oakbrookfinance.com

If applicable:

* supplied by company † annualised figure