S&U PLC (LSE:SUS), the Solihull-based motor and property finance provider, expects to report a strong set of full-year results following a period of rapid growth in lending and improved collections at both its Advantage Finance and Aspen Bridging divisions.
Net group receivables rose to approximately £495 million by 5 February 2026, up from £436 million the previous year. Group borrowing stood at £241 million, with £100 million in additional investment expected to support forecast growth.
Loan advances at Advantage Finance, the Group’s motor lending business, rose more than 65% year on year.
Customer accounts stood at 58,000 and capital receivables reached £385 million, supported by a rise in collection rates to 93% of amounts due. The company highlighted improved customer quality, lower arrears and stronger margins.
Aspen Bridging, which lends to residential property developers and investors, achieved record volumes during the year, completing 267 deals worth £212 million.
Capital receivables increased 21% to £188 million. The company said the average size of new loans had declined amid a cautious market, although the trend had recently reversed.
S&U said average blended yields at Aspen remained above budget and noted that only 19 of 243 live deals were beyond term. Since its founding in 2017, Aspen has written £790 million in loans, incurring just £150,000 in capital losses.
A second interim dividend of 35p per share was declared, up from 30p last year. Payment is due on 6 March to shareholders on the register as of 20 February.
S&U confirmed the extension of its revolving credit facility to £280 million in January. It is also arranging longer-term funding to support growth over the next five years.