The combined asset-based lending divisions within HHF paid out more than £57m funding during the last six months. HHF has recently reconfigured its business, including the recent sale of the HHF Cashflow Division, to enable further growth and investment within its Asset Finance, Retail Finance and Vendor Finance businesses.
Mark Catton, CEO of the Henry Howard Finance Group, says: “We enjoyed a strong first half of the year. We have a great customer franchise, assisting SMEs of all sizes to fund business critical equipment. We also enjoy fantastic relationships with our many hundred vendor partners.
“We continue to invest in our technology platform, which is highly rated by our vendors and allows credit decisions and documentation in minutes. We are also investing heavily in our funder platform and capabilities, backed and supported by the British Business Bank.”