IN BRIEF: Orchard Funding soars on "positive" trading update
25th Jun 2024 11:47
Orchard Funding Group PLC - Luton, England-based supplier of funding support to insurance brokers and professional firms - Celebrates "revenue growth through increased lending" as trading so far this year "has been positive within the insurance premium finance market". Adds that it now expects earnings to "exceed current market guidance by over 20%" thanks to "a disciplined approach to its growth enabling the group to maintain income against a backdrop of higher interest rates". Read More