Simply Asset Finance has revealed that 拢50m worth of funding has now been originated by its Liverpool office to date.
The technology-enabled lender has now helped over 500 businesses across the North West since opening the office in 2023.
It says it has observed strong momentum in 2025, with origination volumes in the first quarter alone seeing a 127% increase compared to the same period last year 鈥� more than doubling year-on-year.
Customer numbers have also continued to increase steadily, growing 38% in the first quarter compared to 2024, demonstrating the strength and consistency of Simply鈥檚 regional strategy.
Its team has also more than doubled in size, growing from four to nine members, with recruitment underway to expand beyond 20.聽
This rapid expansion has led to Simply鈥檚 third office move in the city while the business has launched a new graduate training programme, participated in university careers fairs, and supported the Leasing Foundation Next Generation Network 鈥� an industry-wide initiative dedicated to developing the next generation of asset finance professionals.聽
So far, four trainees have successfully progressed into roles spanning field sales, supervisory, and management positions.
鈥淲e鈥檙e incredibly proud of our continued expansion in Liverpool and the North West. The growth the team have delivered so far, supporting over 500 businesses and delivering 拢50m in funding, reflects the strong demand for tailored financial solutions in the region,鈥� said John Wiles, managing director at Simply Asset Finance.
鈥淭he city鈥檚 wealth of talent and entrepreneurial spirit also aligns perfectly with Simply鈥檚 mission to provide businesses with the financial support they need to thrive. Our investment in local talent, alongside our strategic focus on high-growth sectors, reinforces our commitment to the region. We鈥檙e excited about the future and look forward to welcoming even more young and ambitious professionals to our growing team.鈥�
Mike Randall, CEO at Simply Asset Finance, commented: 鈥淭he impressive momentum we鈥檝e seen from our Liverpool team so far in 2025 demonstrates the extent of our reach, and we鈥檙e proud to be in an even stronger position to support more local businesses through their next stages of growth.聽
鈥淲e鈥檙e committed to building on this success and bringing tailored finance to those who need it most 鈥� wherever they are based.鈥�