InterBay Asset Finance surpasses £1bn funding milestone

InterBay Asset Finance has surpassed £1bn in assets funded for UK businesses since its launch, marking a significant milestone as the lender celebrates its eighth anniversary.

The achievement reflects eight years of supporting SMEs with asset finance solutions, enabling businesses to invest in equipment, machinery, vehicles and other essential assets.

InterBay Asset Finance, part of OSB Group, has built its business around relationships with brokers, working closely with intermediaries to provide funding solutions that support business investment, operational requirements and future growth.

The lender said the £1bn milestone represents thousands of individual funding decisions made by businesses seeking to replace essential equipment, expand capacity or invest in new assets.

In a statement celebrating the achievement, InterBay Asset Finance said: “Reaching £1 billion is an incredibly proud moment for everyone at InterBay Asset Finance and reflects the strength of the relationships we have built with brokers and businesses across the UK.”

The lender highlighted the importance of its intermediary partnerships in reaching the milestone, recognising the role brokers have played in introducing funding opportunities and supporting businesses with their investment plans.

It added: “Our broker relationships have always been at the heart of InterBay Asset Finance.”

InterBay also acknowledged the contribution of its employees and the wider OSB Group, highlighting the expertise and commitment of colleagues who have supported the business since its launch.

Having recently marked eight years in the market, the lender said the milestone provided an opportunity to recognise the progress made and the relationships established across the UK asset finance industry.