Manchester-based secured loan provider Evolution Money has been ranked 29th on this year’s annual Sunday Times Virgin Fast Track 100 list.
Published annually since 1997, the Sunday Times Fast Track 100 ranks Britain’s private companies with the fastest-growing sales and provides a definitive league table of companies in the UK by their rate of growth.
Founded in 2011, Evolution Money has seen a substantial 90% increase in sales over the past three years. Having moved to a new office space on Portland Street, the firm now employs over 100 people and has set its sights on matching that growth over the coming years.
Steve Brilus, CEO of Evolution Money, said of the announcement: “Evolution Money are delighted to have been featured in the most recent Sunday Times edition Annual Virgin Fast Track 100, as being the 29th fastest growing private company in the UK.
“Clearly we are extremely pleased to have achieved this and we are fully appreciative of the role all of our staff, investors and customers have played. We are looking forward to continued strong growth over the next three years and beyond.”
In order to qualify for inclusion in the Fast Track 100 list, companies have to be registered in the UK and be independent, unquoted and ultimate holding companies. Sales growth is measured by compound annual growth rate (CAGR) over the last three financial years.
Evolution Money forms part of Darwin Loan Solutions, alongside its sister company Progressive Money.
For a typical loan of £30,000.00 over 120 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £598.34.
Including a Product Fee of £2,400.00 (8% of the loan amount) and a Lending Fee of £807.00, the total amount repayable is £71,800.20.
Annual Interest Rates ranging from 11.88% to 29.38% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.
