Shire Leasing surpasses £250m in gross receivables

Shire Leasing has surpassed £250m in gross receivables, marking a significant milestone in the independent asset finance provider’s continued growth.

The achievement follows a sustained period of expansion, supported by investment in technology, operational improvements and the development of its own-book lending capabilities.

The privately owned lender has continued to broaden its offering across asset finance, business loans and specialist funding solutions, while strengthening its relationships with funding partners and UK businesses.

Shire Leasing said the milestone reflects its long-term strategy of combining relationship-led lending with digital innovation to support business investment.

Helen Lumb, Managing Director of Shire Leasing, commented: “Reaching £250 million in gross receivables is a tremendous achievement for Shire and a testament to the dedication of our colleagues, the strength of our partnerships and the trust placed in us by businesses across the UK.

“This milestone reflects the success of our long-term strategy. We’ve remained focused on building a sustainable, resilient business that combines personal service with continuous innovation, enabling us to support more businesses while maintaining the flexibility and responsiveness that define Shire.”

Alongside expanding its lending portfolio, Shire Leasing has invested in technology, automation and process improvements designed to increase operational efficiency and improve the experience for customers and finance introducers.

The company said these developments have enabled it to scale its operations while maintaining its focus on responsible lending and customer service.

Its growth has also been supported by a diversified funding model, providing the flexibility to respond to changing business financing requirements.

Looking ahead, Shire Leasing plans to continue developing its funding proposition and investing in technology to support further growth.

Lumb added: “While we’re incredibly proud to have reached this milestone, our focus remains firmly on the future. We see great opportunities ahead to further enhance our proposition, invest in innovation and continue supporting businesses with the funding they need to achieve their ambitions.

“£250 million is an important marker in our journey, but it is by no means the destination. We remain committed to sustainable growth, delivering exceptional service and becoming the funding partner of choice for UK enterprise.”