Portman Finance Group has acquired a 43,000-square-foot head office opposite Barclaycard on Northampton Business Park, the group said in a press release.
Portman said its headcount has doubled in the last 18 months across sales, credit, marketing, finance, sales support, HR and client relations teams.
Founded in 2007, the business operates its own lending arm, a luxury car finance division and has sourced almost £1bn in funding for well over 12,000 businesses.
The leadership team comprises Alex Read (Managing Director), Simon Pratt (Director of Strategy and Operations) and Ben Laidler (Sales Director), with support from the firm’s broad executive committee.
Read said: “Our post-pandemic strategy has yielded significant growth within the business over the last few years. We have adapted well to the changing needs of our customers against a challenging economic background and continue to grow and expand our product offering”.
Pratt added: “Purchasing a flagship office is not only a statement of intent for Portman, but a demonstration of Portman’s long-term commitment to our business customers as the firm continues its growth into a leading hybrid broker-lender”.
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By GlobalData