We now have 21 lenders who earn interest of £386,000 per annum.

We made loan offers of £17.7m in the year, issued 19 new loans and received 8 loan repayments. Our lending has been wide and varied but as a theme, has supported individuals and businesses in the South West who otherwise would not be able to grow.

New loans include: Our first pub finance, a bridge loan for a significant redundancy payment, funds for the refurbishment of specialist medical care facilities, development finance for two young builders, finance for a classic car collection, a long-term loan for an extension to a social club and acquisition finance for a holiday letting business.