Haydock celebrate record first half and increase capacity for growth

02-Aug-2019

Haydock Finance, the North West based SME asset finance specialist, is celebrating a record first half that has taken its lending over £260m for the first time. It has been growing the team, with new regional broker managers joining in the South West and South East, as well as increasing the size of their in-house sales and underwriting teams. 

Andrea O’Brien, head of broker sales, commented: “It’s great to see that our continued focus on customer service is driving success for us, our brokers and customers. The new appointments ensure we can maintain our service levels as the business expands and, in appointing regional managers for the first time, we can support and expand relationships locally.”

The business has also continued investment in ensuring processes are efficient, with the first phase of its new technology platform successfully launched in July. It has also secured further capacity to grow in agreeing a significant private securitisation facility from a global bank to further augment its funding structure.

John Jenkins, CEO, added: “To drive growth and deliver strong portfolio management at a time when we have been investing in new processes and technology is a testament to the quality of the team here at Haydock.  Our new system and funding lines ensure we have ample capacity to continue to deliver our high service proposition through next year and beyond – helping us, our brokers and their customers build, grow and succeed”