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What’s the outlook for lenders during difficult times?

Independent Growth Finance, an asset-based lender, has grown rapidly since its own buy-out in 2016. Marc Mullen spoke to CEO John Onslow and commercial director Matt Shepherd about the market and outlook given the times we are in, touching upon how IGF has coped with the COVID-19 crisis, Brexit and a breakdown of the team.

Corporate Financier image Profile IGFHolding your nerve requires a lot of patience. As any kind of lender, a disciplined approach is critical to being able to navigate your way through these chaotic times. 

John Onslow, chief executive of Independent Growth Finance (IGF), who led a buy-out of the firm in 2016, says: “In four years, we’ve grown our asset book several times over, but probably what I’m most pleased about is how we kept our head in what has been a very toppy market,” says Onslow. “Having that discipline during the period leading up to the pandemic proved very, very important when COVID-19 started. It has stood us in good stead.”