Fast Track 100

This Cardiff firm provides companies with loans to finance the purchase of assets such as IT, telecoms and CCTV equipment. Its revenue is derived from interest payments made on the loans, which normally run for five years. Managing director Howard Ross and sales director Mark Crook, both previously with the finance firm Lombard, founded the company in 1997 and now process 300 loan transactions a month. Sales grew 121% a year from £1.7m in 2003 to £18.8m in 2006.

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Company details
CompanyHenry Howard Finance
ActivityBusiness finance provider
Annual sales rise over 3 years120.66%
Latest sales £000s18,761

If applicable:

* supplied by company † annualised figure