Simply Asset Finance has reported that it has delivered £150 million of funding to small and medium-sized enterprises (SMEs) in Scotland since opening its office in the country in 2022. The company said it has supported more than 900 businesses across construction, transport and manufacturing. In 2024 alone, origination volumes in Scotland rose to £27 million, financing 529 assets for more than 230 customers. According to Simply, this activity has been influenced by public investment in infrastructure suc ...

Time Finance has reported a profit before tax (PBT) of £7.9m ($10.6m) for the year ending 31 May 2025, a 34% increase from the £5.9m ($8m) recorded in the previous fiscal year. The company's lending book value reached £217.4m, showing an 8% growth, with deal origination also rising by 5% to £96.5m. Notably, the asset finance division, including the 'Hard' subset, and the invoice finance division, grew by 31% to £111m and 8% to £70m, respectively. Time Finance has also expanded its reach by introducing ...

PEAC Solutions has announced two senior appointments to support the expansion of its technology financing operations in the UK. Jordan Lisle has joined the newly established technology team as its lead. He brings experience from roles at BMW, HP, Apple, Microsoft and TD Synnex. Lisle said he was “delighted to be joining PEAC Solutions at such a pivotal time” and highlighted the company’s recent acquisition of Topi as “an exciting step forward” as it prepares to introduce its capabilities to the UK market. ...

Alfa, provider of the Alfa Systems software platform for asset finance, has launched “Alfa Start” for Australia and New Zealand – a preconfigured SaaS project accelerator designed to speed up digital transformation for finance providers. The company said the new regional version builds on the successful European rollout earlier this year, “bringing the same powerful functionality, tailored to the needs of the ANZ market.” Covering the full asset finance lifecycle, from origination and approval to onboard ...