igroup breaks through £300 million

Commenting on the achievement, Jonathan Sadler, igroup's director of sales and marketing, said: "This is a fantastic result for the team. Since we launched igroup in April 2000, we have seen the business grow month-on-month - and especially since our acquisition by GE last year.

"We continue to attract a satisfying mix of business from across the niche lending spectrum, but to lend comfortably in excess of £300 million in a single month is a particularly significant milestone for the business - and one rarely matched elsewhere in the specialist sector.”