Independent, niche asset finance funder, Rivers Finance Group, the holding company of Rivers Leasing Plc, has been named for the fourth consecutive year in the prestigious FT1000: Europe’s Fastest Growing Companies, announced on 2 March.
The asset finance funder ranked 849 after featuring at 186, 391 and 557 in 2017, 2018 and 2019 respectively.
Having ranked in the listing each year since it began in 2017, the FT1000 is a special report ranking businesses from across Europe by revenue growth.
Compiled in partnership with Statista, the FT list showcases companies that achieved the highest compound annual growth rate in revenue between 2015 and 2018. The ranking of businesses by turnover growth includes disruptors riding high on the latest technological innovation, as well as the web-savvy retailers being lifted by consumer trends.
The hurdle to securing a place was said to be a little higher this year with companies requiring a minimum growth rate of 38.4% t to make the list, compared with 37.7% last year.
For Rivers, which was founded in 2010 the achievement is notable for its continued rate of growth despite a larger base and increasing competition for this prestigious award. Since it began, Rivers has been committed to organic growth within its own capabilities to give all stakeholders as much security and stability as possible.
The company sees the ranking in the FT1000 as an affirmation of their commitment to steady and carefully managed growth. In particular this year, the company sees the award as a recognition of the commitment, talent and dependability of the team, many of whom have been with them from the start and whom Rivers values as intrinsic to the strong relationships they have cultivated with clients and brokers.
Ratan Daryani, chairman of Rivers Finance Group, said: “It’s an incredible testament to our team, and their ongoing hard work, to be recognised by such a prestigious award, and it’s an extremely significant achievement in the development of the company, recognising its strong growth over a long period of time.”