News in Numbers

Year-on-year profit decline saw Aldermore Group post £141.1m ($190.8m) after tax for FY ending 30 June 2025, hit by a £60.6m motor finance commission charge and reduced impairment releases.

Rise in UK asset finance new business in July 2025 versus July 2024, with first seven months up 1%. New car finance jumped 10% and IT equipment finance surged 31%, according to the FLA.

Uplift in profit before tax saw Alfa reach £21.5m ($29m) for H1 2025. Revenue grew 20% to £62.5m, or 22% on constant currency, with operating profit up 33%.

Rate cut announced by Allica Bank on asset finance for hard assets, covering loans between £150,000 and £2.5m until 31 October 2025, marking its most competitive offer in three years.

European markets now host Finmid’s embedded lending solution, giving over 32 million SMEs - including those in Bulgaria, Hungary, Malta, Romania and Switzerland - direct access to capital via existing platforms.