Growth Lending, whose sister company is BOOST&Co, has revealed its expansion to the US as it takes the next step on its growth journey. 

The firm, which is a funding partner for fast-growth businesses, has increased its UK headcount by more than 60 per cent during the past two years. 

It has deployed more than £350m of funding in the same period, as the lender continues to support innovative companies on their growth journeys.

Following the launch of an international invoice finance product last year, the company will now share this proposition with the US market. It has identified that businesses in the US are facing similar challenges and a need for a non-traditional funding route.

Growth Lending has opened its first US office in Atlanta, Georgia, from which it aims to serve a broad variety of businesses across the country.

The business has also hired its first Atlanta-based employee: Keith Kirkland as senior vice president of sales. Kirkland brings with him the knowledge of more than 30 years in the capital and invoice finance sector, having amassed experience at a variety of lenders, most recently eCapital.

His extensive experience and strong network makes him well-placed to launch the brand in the US market and build a strong customer base.

The next step for the business comes after the recent unification of Growth Lending with its sister company, BOOST&Co, under the Growth Lending brand banner. This move aims to simplify the business’ proposition and enable more tailored support for a wider variety of businesses.

Jack Trowbridge, head of US operations at Growth Lending, said: “After significant growth and the recent unification of BOOST&Co and Growth Lending, it’s an opportune moment to expand our offering into the US. We are thrilled to welcome Keith to the team – his experience and professional network aligns closely with the Growth Lending proposition and with his contribution, we look forward to supporting even more ambitious businesses across the country.”

Kirkland added: “I am excited to join Growth Lending and help lead the expansion into the US market. The firm’s lending programmes will offer much-needed growth capital for US businesses, as well as present collaboration opportunities with other US lenders to better serve growing companies.”