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Approved Business Finance surpasses £450m milestone – The Intermediary – Latest UK mortgage news

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Asset finance brokerage Approved Business Finance (ABF) has surpassed a significant milestone, facilitating over £450m in finance since its inception in 2019. To support ongoing business growth and enhance customer experiences, the Milton Keynes-based firm is expanding its team.

Over the past year, ABF has facilitated over £150 million in financing. This growth is expected to continue, driven by the development of products designed to support diverse business needs.

ABF has expanded its teams, with the Business Finance team doubling in size and the Credit Partner and Property Finance teams growing by four members each. Notable hires include Grace Rust, promoted to finance coordinator in the Property Finance team, and former England striker Andrew Johnson, who joined as director of real estate.

The newly formed client relationship team, led by commercial director Mark Kozo and client relationship manager Alexis Guyler, focuses on ensuring existing customers receive tailored product reviews and support. This team has been instrumental in ABF’s rapid scaling.

ABF’s tax division has also expanded, securing new premises in London. The team now includes technical consultants specialising in R&D claims for clients across various industries.

Rory Dunn, founder and managing director of Approved Business Finance, said: “The recent growth of our teams demonstrates ABF’s success and we have been able to invest in technology to enable our teams to examine financial profiles in order to understand clients and provide a more personalised follow-up to enquiries. During this time, we’re busy developing integrations and APIs to keep information up to date and enrich our records with relevant data, which enables us to be proactive and provide sustainable finance solutions to clients.

“Our success has always been a testament to the team’s hard work and dedication, and it is especially exciting to see the teams grow and become better equipped to support all of the many businesses we work with.”

Mark Kozo, commercial director at Approved Business Finance, added: “Our expansion is a reflection of the hard work put in by our teams. It is always exciting to see people grow within the company, and be able to hire new members to add to the further success of the whole business group.”

ABF has strengthened community ties, raising over £100,000 for the Saints Foundation, the official charity of Northampton Saints rugby club. The company also hosts financial well-being workshops for football clubs, educating young players on financial stability. These workshops, led by former player Marlon Harewood, aim to support the financial well-being of athletes.

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