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