UK bank Aldermore has advanced more £67m (79m) in block discounting facilities in the first quarter of the year and the firm plans to keep growing its blocking book.
Alan Carter, head of Wholesale Finance at Aldermore, said: "We are delighted with the way in which our block discounting business has grown during the first few months of 2013."
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Carter added he intends to further grow the business line throughout 2013 and said Aldermore is open to acting either as sole funder, or providing funding alongside other lenders.
Aldermore Asset Finance, which includes the block discounting team, recently celebrated reaching £875m in lending since starting business in January 2010 with a visit from the UK Business Secretary Vince Cable.
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