Asset Finance News

Haydock announces record half-year performance

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Haydock Finance has announced a record first half-year performance following a 16%, year over year, increase in lending volume. This result reflects the impact of Haydock’s strategic focus on organic growth and industry leadership.

Despite market turbulence, new business levels have exceeded expectations due to the team’s strong partnership with their introducer network. Haydock is now providing over £655m of support to a diverse range of UK SMEs.

Haydock’s Stock Finance division has also reported strong growth. Their stock funding facility currently serves a nationwide network of 129 dealers.

Sales Director Andy Taylor (pictured) said: “These results highlight how tremendously hard the team has worked. Despite the challenging interest rate environment, we have remained focused on supporting our introducer partners and finding the best cash-flow friendly solutions for their clients. I would like to thank our introducers for thinking of us first with so many great opportunities.”