Leeds finance firm aims for £100m loan book growth following new hires and clients

Finance company Fresh Thinking Capital has revealed the firm is growing month-on-month.

To keep up with demand, the business has made 10 new hires in the past year, including regional sales directors and, within its operations team, covering credit and risk and portfolio management.

At present, Fresh Thinking Capitals’ loan book stands at £25m. It is aiming to achieve £100m in the next three years.

Founded by Mel Hird and Andrew Walls in 2018, Fresh Thinking Capital supports SMEs by offering tailored business loans from £100k to £2m.

Fresh Thinking Capital is able to act within tight timescales, with terms issued within 24 hours after a first meeting.

Mel Hird, co-founder, said: “We are growing quickly because we understand the SME market needs tailored advice and the right business funding so it can take advantage of opportunities as they arise, often within fast-moving timeframes.

“Our team of expert regional sales directors based in cities around the UK means we are able to support SMEs across the country.”

The announcement coincides with the finance company unveiling a brand refresh encompassing a new logo and website.

Mel added: “We’re always looking to recruit exceptional people that have the attitude, drive and ambition to be involved in a business where people and talent are very much at the core of what we do.”