The demand from small and medium-sized businesses for financial help is steadily increasing , as traditional highstreet banks and lenders tighten their regulations and refuse more and more loan applications . 1pm plc helps SMEs achieve their growth ambitions with its full suite of non-bank lending services , helping to bridge the funding gap . It fulfils businesses ’ needs by acting as a single lender that ’ s able to provide a range of different finance products and offer flexible , tailored funding through its various trading entities .

Headquartered at The Square

on Lower Bristol Road , 1pm plc has expanded from 13 employees to 170 over the past three years . Its growth in part is a result of a buyand-build strategy , having acquired seven other companies to join its group from across the UK . The integration of these businesses has allowed 1pm plc to offer a broader scope of finance products to SME businesses , such as asset finance , vehicle finance , invoice finance , and traditional loans .

Ian Smith , CEO of 1pm plc , said : “ We ’ re delighted to have made the top 50 companies in Bath . Making up 99 per cent of businesses in the country , SMEs are the backbone of

Britain ’ s economy and we ’ re proud to help them fulfil their potential . We ’ re there for businesses when more traditional lenders choose not to help .

“ Through our approachable , flexible and fair service , and with the product range we offer , we deliver something very special that none of our competitors can . We listen to our clients and we treat them as individuals , helping the UK ’ s SMEs achieve their goals and giving them the best possible chances of business success .”

Growing the group through its series of acquisitions has resulted in an impressive increase

of over 70 per cent in revenue and profits . The group currently lends out £ 130 million , dealing with over 16,000 small business clients across seven sites in the UK . And , because 1pm plc is listed on the AIM market of the London Stock Exchange , it ’ s able to take advantage of raising equity funds with a view to increasing the scale of its operations even further .

@ OnepmFinance

“ SMEs are the backbone of Britain ’ s economy and we ’ re proud to help them fulfil their potential ”