Ultimate Finance reaches record breaking loan book of over £300m

By Bridging Loan Directory 9th October 2023

Specialist asset-based lender Ultimate Finance has announced the continued growth of their loan book, breaking through the £300m milestone for the first time, as they continue their mission to support an increasing number of businesses with much needed funding.

The continued growth follows their strong performance this year, with a 26% increase in new business at the end of Q3, paired with the renewed commitment to building long term relationships with introducers and partners to help keep business moving.

Josh Levy, CEO 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.

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.

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.”