BloomSmith has this month completed an external audit conducted by the FSQS-accredited auditor Rockstead, achieving 100% accuracy in all critical areas of its operations.

The audit evaluated BloomSmith’s data and document verification processes, payment tracking systems, and compliance with lending policies. This was conducted both internal purposes and for the benefit of its bankers Shawbrook.

This accomplishment reflects BloomSmith’s commitment to upholding the highest standards in its business practices.

Following the audit results, BloomSmith’s CEO Nigel Smith said: “The 100% accuracy achieved in our recent external audit by Rockstead is evidence of the BloomSmith team’s dedication to precision and reliability, both for the benefit of our stakeholders and the customers we serve.

“It also reinforces our position as the leading and most trusted VAT bridging lender in the market.”

The company remains committed to maintaining its strong standing in the industry and its adherence to best practices and operational integrity.