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April 10, 2017updated 02 May 2017 10:11am

Lessors feature among FT’s list of fastest growing European businesses

A number of asset finance providers have featured in the FT1000, the Financial Times’ list of Europe’s 1,000 fastest growing businesses.

By Saad Ahmed

A number of asset finance providers have featured in the FT1000, the Financial Times’ list of Europe’s 1,000 fastest growing businesses.

The annual FT1000 was released on 7 April, and is compiled in partnership with data provider Statista, showing the European businesses that have experienced the most growth.

Rivers Leasing, a North London-based asset finance provider, was placed 186th on the list. The lessor was founded in 2002 and generated €1.78m (£1.52m) in revenue in 2015. From 2012 to 2015, Rivers Leasing had a compound annual growth rate (CAR) of 95.6%.

Ratan Daryani, managing director of Rivers Leasing, said: “This award is of particular note to us, not simply because of its industry significance, but because it is a recognition of the hard work and commitment of the Rivers Leasing team. The team’s focus on providing excellent and efficient customer service is at the core of what Rivers Leasing set out to do seven years ago.”

Other business that were featured were Masthaven, who were ranked 240th with a CAR of 82.2%, and the lessors NordLeasing and Liberty Leasing. The German lessor NordLeasing was ranked 676th, while Liberty Leasing came 861st in the FT’s list.

Spanish SME funder Ficomsa, which provides factoring services, was ranked 35th, achieving €107.6m in revenue in 2012, and an annual growth rate of 181.9%.

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