9th Oct 2026 15:01
(Alliance News) - Distribution Finance Capital Holdings PLC on Friday announced a higher loan book and higher new loan origination as it continues to focus on maintaining strong credit risk disciplines.
The Manchester, England-based provider of financing solutions for dealers and manufacturers in the UK said new loan origination reached GBP561 million in the third quarter of 2026, up 22% from GBP460 million a year prior. It is over GBP1.6 billion in 2026 so far.
The firm's loan book was GBP929 million as at September 30, up 22% from GBP759 million a year prior.
The number of dealers in arrears of more than one day and/or subject to legal recovery reduced by 12% to 38 from 43 a year ago.
Chief Executive Officer Carl D'Ammassa said: "It has been another strong period for the group, with both inventory and structured finance lending holding strong, complemented by significant momentum building in asset finance which has seen our loan book in that segment almost double during the quarter.
"The strength of our relationships but also the quality of our new lending capabilities underpins these strong results. Given our cautious view on the macro-economic and geo-political environment, we continue to focus on maintaining strong credit risk disciplines and ensuring we have a solid handle on our underlying asset security. The group remains on track to meet market expectations for the full year."
Distribution Finance shares were 0.7% lower at 72.50 pence each on Friday afternoon in London.
By Tom Budszus, Alliance News slot editor
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