Haydock Finance reports record Q1 with 30% lending surge

Haydock Finance has reported a record first quarter, with lending volumes rising 30% year-on-year as the business continues to execute its organic growth and market leadership strategy.

The lender said new business levels exceeded expectations, driven by strong collaboration across its partner network and consistently high service standards. February delivered record volumes despite being the shortest month of the year, with March going on to surpass that performance.

Haydock now provides £940 million of funding support to a broad range of UK SMEs across its broker, vendor, materials handling and specialist channels.

Newly appointed Managing Director and Chief Commercial Officer Andy Taylor said the results reflect the strength of the firm’s business model and the commitment of its team and partners.

“This quarter has been about resilience, teamwork, growth and pushing beyond our boundaries,” he said. “Securing another outstanding performance really highlights Haydock’s ongoing momentum and I am greatly encouraged by the strength of our business model and strategy.”

He added: “I would like to take the opportunity to thank our introducer partners for their continuing support and trust in us to deliver. I’d also like to thank our talented team. They’ve worked incredibly hard to deliver these outstanding results, showing dedication, collaboration and long hours.”