Ultimate Finance, a specialist in asset-based lending, has seen its loan book surpass the £300m mark in its loan book for the first time.
This milestone comes on the heels of a robust Q3 performance, characterised by a 26% increase in new business and a reinforced commitment to cultivating long-term partnerships with introducers and other stakeholders.
Josh Levy (pictured), CEO of Ultimate Finance, said: “I’m delighted to announce that we have reached the loan book milestone of £300m on the back of an impressive Q3 performance with good origination levels and momentum, as well as supporting our existing customers with additional funding to help them grow.”
He attributed the lender’s sustained growth to the concerted efforts of its team and to its strategic vision. “This is another great result and one we are very proud of. This continued success is down to the consistent hard work and dedication of everyone across our business and is a great endorsement of our ongoing strategy,” he added.
Levy also offered insights into the company’s roadmap for the future. “Our focus remains on managing the balance of risk and opportunity in volatile market conditions whilst staying consistent in our appetite and ambition.
“We believe our versatile asset-based solution offering and high-quality personalised service model leaves us well placed to continue our growth trajectory for the remainder of 2023 and into next year,” he concluded.
