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Ultimate Finance has achieved a new lending milestone with both asset and bridging loan books hitting £100 million milestones each at the end of the first quarter this year.
These achievements form part of the lender's first quarter performance results which include a record loan book of £342 million, up £60m (21%) on Q1 2023, as well as £66 million in new facilities - more than the same period last year.
Josh Levy, CEO said: “We have aspired to build a diversified multi-product asset-based lending business with each of our product lines of sufficient scale and quality, and reaching £100m individual loan book sizes is an important landmark in that journey.”
Source: Ultimate Finance
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