Praetura’s asset finance division, which provides flexible asset and loan funding to SMEs across the UK, has reported its strongest-ever quarter with £60 million lent in Q3 2025 – a 61% increase year-on-year.

The business, comprising Praetura Asset Finance and Kingsway Finance, offers funding from £10,000 to £5m to help companies acquire equipment, vehicles and other assets.

Growth was driven by rising demand from industries such as construction, manufacturing and healthcare, as more SMEs turn to alternative lenders.

With its loan book now exceeding £340m, the Greater Manchester-based firm is on track to break annual funding records for the fifth consecutive year.