BDS grows by half

The firm revealed that this marked upturn in business levels saw it exceed its target business volumes by roughly 125 per cent in the first quarter of the year.

BDS intends to carry this momentum on with an aggressive 2008 marketing strategy, which it believes will lead to further growth despite tougher trading conditions across the industry as a whole.

Mark Clinton, director at BDS Secured Loans, said the secured loans sector still had a lot to offer intermediaries, despite market turbulence.

"The secured loans sector remains a great opportunity for brokers to expand into a new business area, safe in the knowledge that they are dealing with an experienced team with a proven track record.

"After a somewhat low key launch we have been able to navigate ourselves into a position of growth swiftly thanks to the quality of our service and fast, efficient processing - I’m confident 2008 will be a big year for us to initiate an increased market presence.”