Magna Money celebrates fourth birthday by reaching 1,000 deal milestone

Magna Money, the commercial finance boutique and broker network, which is a division of the mid-tier advisory firm Sedulo Group, is celebrating record growth after turning four years old this month.

Revenues for the firm broke the £1.5m barrier, a 245% increase on the previous year. Magna Money’s brokerage team also rose from 8 to 25, including the addition of Joe Newton, a dedicated broker liaison manager to provide support to the team of finance experts. Over the last 12 months alone, they have helped 552 clients access over £36m of finance – up 59% on the previous year – taking the number of finance deals brokered to over 1,000.

These figures come despite a challenging financial landscape, with interest costs rising and lenders retrenching, however the team behind Magna Money say they’re continuing to invest in the foundations and systems within the business to fuel further growth.

Magna Money Broker Liaison Manager, Joe Newton commented:

“Given the challenges in lending at the moment, having an advisor who knows how and where to access competitive business finance is more important than ever.

“It’s been incredible to see Magna Money going from strength-to-strength. From growing our team of independent brokers to strengthening our funder relationships, Magna Money has established itself as a notable player in the commercial finance space.

“We’re excited to continue this growth and welcome more high-quality advisors to Magna to continue providing a world-class offering for clients who are struggling to access funding from traditional sources.”

Joe Newton – Broker Liaison Manager at Magna Money

Founder and MD of Magna Money, Leyton Jeffs; commented:

“Moreso than ever, businesses need access to independent experts who can help them navigate a difficult lending market. To assist well over 500 business owners in accessing finance in the last year could often be the difference between those businesses succeeding or failing.

“This doesn’t just affect one business owner, but also many, many employees who are supporting their families and so playing a part in ensuring those businesses reach their potential is something that we are extremely proud of.”

Leyton Jeffs – Founder and MD at Magna Money

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