Simply Asset Finance has reported a record £50m in origination activity in its Liverpool office since it opened in 2023.
Simply, which provides finance to small- and medium-sized businesses to help them purchase equipment and invest in growth, said the £50m worth of funding has so far helped over 500 business across the North West.
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The business has also seen strong momentum so far this year, with origination volumes in the first quarter of 2025 jumping 127 per cent increase compared to the same period in 2024.
Meanwhile, customer numbers in the region have also continued to rise, increasing by 38 per cent in the first quarter this year compared to last year.
Some of the strongest areas of investment include transport, construction and manufacturing, the business said.
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“We’re incredibly proud of our continued expansion in Liverpool and the North West,”said John Wiles, managing director at Simply Asset Finance.
“The growth the team have delivered so far, supporting over 500 businesses and delivering £50m in funding, reflects the strong demand for tailored financial solutions in the region.”
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