Commercial finance firm doubles lending

The commercial finance arm of listed Secure Trust Bank has doubled its lending balances over the last 12 months, funding in excess of £1bn in customer invoices during that period. The firm’s interim financial results show that lending balances have risen to £187.5m in the year to 30 June 2018, up on the £94.2m seen the previous year. Secure Trust Bank said that the growth has enabled the firm to focus on expansion across the UK regions. It is set to open a Leeds site later this year. Headquartered in Manchester, alongsi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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