Ultimate Finance has reported its “highest ever” half-year origination results, with £126m ($170m) in new business lending, marking a 15% increase from the same period in 2024.

The UK-based asset-based lender said it achieved positive outcomes across all business areas.

In the first six months, the company’s lending book reached £357m.

Ultimate Finance CEO Josh Levy said: “Our performance in the first half of 2025 is a clear demonstration of the success of our business strategy and represents another step towards realising our growth ambitions. Having all three areas of the business – working capital, asset finance, and bridging finance – working in unison is delivering real strategic value. 

“We have built strong momentum, and our results reflect the strength of our team, the resilience of our local relationship-based model, and the increasing demand for our tailored finance solutions.

“Looking ahead, we are set to launch further developments in our structured finance product to address growing demand in the ABL space. We remain as committed as ever to delivering tailored funding solutions through our growing network of introducers.” 

During the period under review, Ultimate Finance increased its maximum invoice finance facility size from £7m to £10m, accommodating larger funding requirements and aligning with recent product improvements.

It also made enhancements in bridging finance, including reduced pricing on development exit facilities and a new light-touch refurbishment offering up to an 85% day one loan-to-value ratio.

Additionally, more flexibility was introduced in the release of net sales proceeds on multi-unit loans and on personal guarantee terms.

Ultimate Finance also expanded its asset finance team, moved into a larger office, and increased its securitisation facility to support growing demand.

Last month, the company launched its updated brand identity as part of its growth strategy.