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Secured Loans > Manchester secured loan provider ranks among the UK’s fastest growing companies
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.
Representative 22.93% APRC variable.
For a typical loan of £26,600 over 180 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £484.00. This includes a Product Fee of £2,660.00 (10% of the loan amount) and a Lending Fee* of £763.00, bringing the total repayable amount to £87,030.00. Annual Interest Rates range between 11.7% to 46.5% (variable). Maximum 50.00% APRC. *Lending Fee varies by country: England & Wales £763, Scotland £1,051, Northern Ireland: £1,736.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
