Ultimate Finance new business reaches £190m in Q3 2025 [Yahoo! Finance]
FIRSTRAND LTD UNSP/ADR (FANDY)
NASDAQ:AMEX Investor Relations:
firstrand.co.za/investorcentre
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Source: Yahoo! Finance
The lender's current loan book value has climbed to £370m, reflecting growth across various lending sectors. This represents a 33% increase in new lending year-on-year (YoY), with contributions from working capital, bridging finance, and asset finance. Ultimate Finance CEO Josh Levy 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 [small and medium-sized enterprises] with tailored, asset-based lending solutions that provide speed, clarity and certainty.” The third quarter saw the lender implement a reduction in bridging finance rates to support property developers and investors, alongside the expansion of product applications. Ultimate Finance also improved its structured finance offerin
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