Ultimate Finance recorded £190 million of new business across 1,400 facilities so far this year, surpassing the total achieved in the whole of 2024. New lending represents an uplift of 33% on the same period last year and has seen positive contribution from all lending areas, with each of working capital, asset finance and bridging finance likely to end 2025 in annual growth.
These results have accelerated the growth in the lender’s loan book, which is now at an all-time high of £370 million.
Other highlights of Q3 include:
- Appointment of new sales director Paul Hansen
- Enhanced structured finance offering with new commercial property loan and an increase in the maximum invoice finance facility to £10 million
- Reduction in bridging finance rates to support the ambitions of property developers and investors, and continue the expansion of product use cases
“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,” Josh Levy, CEO of Ultimate Finance, said. “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.”
