Fast Track 100

James Benamor set up his loan brokerage company from his kitchen table at the age of 21 after being struck by how many people were being refused finance by mainstream lenders and banks because they failed to meet a standard assessment. Bournemouth based Richmond Group matches borrowers with lenders, arranging loans of between £500 and £5,000. It charges applicants a flat fee, taking no commission from the lender in order to remain independent. The firm also provides loans to applicants who have a guarantor, and debt management services. Sales grew 102% a year from £870,000 in 2003 to £7.1m in 2006.

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Company details
CompanyRichmond Group
ActivityFinancial services provider
Annual sales rise over 3 years101.68%
Latest sales £000s7,139

If applicable:

* supplied by company † annualised figure