Ultimate Finance has reported £190m in new business across 1,400 facilities so far in 2025, surpassing the total it achieved in the entirety of 2024.
This figure represents a 33% increase year-on-year, and growth has been recorded across its main lending areas – working capital, asset finance, and bridging finance.
The lender’s loan book has reached a record high of £370m, reflecting strong demand for flexible, asset-based funding among UK SMEs.
Ultimate Finance has strengthened its broker-first growth strategy, most notably through the appointment of Paul Hansen as sales director within its asset finance arm.
The firm has also enhanced its structured finance offering, including launching a new commercial property loan product and raising the cap on its invoice finance facility to £10m.
Josh Levy (pictured), CEO of Ultimate Finance, said: “After a record-breaking first half of 2025, we’re building on that momentum with another step-up in activity which reflects the strength of our proposition and the trust we’ve earned from brokers, advisers and their clients.
“Our focus remains on delivering our growth ambitions through our continued commitment to supporting UK SMEs with tailored, asset-based lending solutions that provide speed, clarity and certainty.”
