Freedom Finance

If your high-street bank cannot give you a personal loan, there is a good chance it will pass you on to a broker such as Freedom Finance. The Cheshire company says that about 50% of its business comes from referrals by banks. Rupert Webb founded the company in 1983, and in 2000 an American private-equity firm made a £12.4m investment in return for a 54% stake. Freedom Finance has offices in Sweden and Spain and is launching an outsourced operation in Ireland this year. Its profits rose 140% a year from an annualised £609,000 in 2001 to £8.4m in 2004.

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Company details
Year2005
Rank4
CompanyFreedom Finance
ActivityLoan broker
LocationCheshire
Annual profit growth139.60%
Latest profits £000s8,379
Latest sales £000s36,628
Staff425
Founded1983
Websitewww.freedomfinance.co.uk

If applicable:

* supplied by company † annualised figure