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News Intro
Industry news
2 Dec 2024
Industry news
2 Dec 2024
British Business Bank makes increased commitment to Simply Asset Finance to unlock more than £175m of asset finance for smaller UK businesses

The new facility is part of a wider transaction which will provide around £0.7bn of funding to smaller businesses across the UK Monday 2 December 2024 The British Business Bank has announced an increase to its ENABLE Funding commitment to

Company news
7 Nov 2024
Company news
7 Nov 2024
Simply Asset Finance achieves milestone growth in Northern Ireland

Simply Asset Finance, a leading provider of specialist business lending solutions, has announced that its Northern Ireland office has now surpassed £100m in total loan origination – a milestone achievement for its growth. The news underscores the business’

Research
21 Oct 2024
Research
21 Oct 2024
SME growth on the line as businesses await Budget

74% of UK SMEs say that the upcoming budget will impact their future growth plans 16% of SMEs have paused or reduced investment in innovation/ growth But 42% are optimistic about the year ahead Help with energy cost

Company news
13 Aug 2024
Company news
13 Aug 2024
Simply Asset Finance Surpasses £0.5bn Loan Book Milestone

Milestone achievement closely follows announcement of successful H1 results  H1 revenues increased to £29.1 million – a 17% rise from revenues achieved in H1 2023  Follows recent news of £120m backing from the Bank of America to support

Industry news
24 Jul 2024
Industry news
24 Jul 2024
Simply goes live with Growth Guarantee Scheme access for UK SMEs

Simply Asset Finance (Simply), the specialist business lending provider, has announced that it has been accredited by the British Business Bank to lend to new and existing customers under the Growth Guarantee Scheme (GGS), the new iteration of

Industry news
28 Jun 2024
Industry news
28 Jun 2024
Simply Asset Finance secures £120m loan facility from Bank of America

Initial injection will enable Simply Asset Finance to increase its lending to UK businesses by 30%.  Facility will also enable the business to increase its originations by c.£100m in the first year.  Bank of America has agreed a new

Company news
21 May 2024
Company news
21 May 2024
Simply Goes Live with Lendscape’s Asset Finance Platform

Specialist business lending provider Simply Asset Finance has successfully gone live with Lendscape’s Asset Finance platform, marking a critical milestone for the business as it looks to optimise business growth and further improve customer experience.     Unleashing potential with smart

Industry news
13 May 2024
Industry news
13 May 2024
Simply Asset Finance announces FY 2023 pre-tax profit of £5.5m

2023 sees the company reach revenues of £52.3 million, increasing its loan book to £480 million Loan origination to date climbs to £1.3 billion, as it supports over 7,400 SMEs across the UK Named in the FT1000’s list

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