UTB Asset Finance delivers record lending volumes in 2026
Over the first seven months of 2026, UTB Asset Finance posted 53% growth year-on-year.
United Trust Bank (UTB) Asset Finance delivered record lending volumes over the first seven months of 2026, with 53% growth year-on-year.
Demand from brokers for Stance Asset Finance continued to accelerate, leading to four consecutive ‘best ever’ months.
UTB maintained high service standards, with more than 90% same day credit approvals and an average of 24-hour payouts, even at month end.
In July, 83% of payouts were made within 48 hours.
Nathan Mollett (pictured), managing director – asset finance at UTB, said: “We’re delighted with the momentum we’ve built this year achieving record results in July and significant growth in 2026, but what’s most pleasing is that for the vast majority of time we’ve continued to deliver the fast, personal service our brokers need from us.
“The response to Stance has been fantastic. Brokers have been looking for another strong, competitive option in the market and demand has grown steadily as more people experience what the team can deliver.
“Stance complements our established UTB Asset Finance business perfectly, allowing us to support more brokers, more customers and a broader range of funding requirements.”
Mollett added: “With the full launch later this year, we’re excited about the next stage of the journey.”
John Devlin, associate director of Allied Finance (UK) Limited, said: “We’ve worked with UTB and its traditional AF offering of Tier 1 to Tier 2 funding for years and we welcome UTB’s move into the tier 3 sector with Stance.
“Despite some initial teething problems, to be expected with a new proposition, we are now writing some good levels of business, and I estimate that we have increased our new business with UTB and Stance combined by some 25% or more year to date.
“It could be said we are doing the dance with Stance!”
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