Small firms funder 1pm clocks up best ever monthly figures

June 12, 2012
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1pm, the Bath-based specialist funder, expects to report a “significant improvement” in its trading performance for the year ended May 31, it told shareholders.

The firm, which provides asset finance facilities to SMEs (small and medium-sized enterprises), said it achieved another year of growth while levels of new business written in May were £700,000-plus, the highest monthly amount ever achieved by the company. 

Its lease portfolio continues to grow and stood at £11m at the year-end compared to £10.1m in the previous year.

1pm, listed on the London Stock Exchange’s AIM market will publish its final results on

 

 

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