According to David Wylie, c2’s managing director, the firm saw a 58 per cent increase in new business compared with the previous quarter and a 39 per cent jump compared with the same quarter last year.
“Our average loan amount has increased year-on-year by 12.8 per cent, net income per deal has stayed relatively steady, increasing by just 2.2 per cent, but crucially improvements in technology have allowed us to increase our efficiency and reduce our cost-income ratio by nearly 8.5 per cent.
“All in all we are very satisfied with the current direction of the c2 brands,” he said.
When asked what he thought had driven the company’s growth, Wylie said: “c2-financial is recognised in the marketplace as a quality brand and one of the most long-standing packagers in the industry.
“A lot has changed since 1994 when we were established but constant investment in customer services, technology and product innovation has helped us stay ahead of the game.”
