S&U PLC Secures £600 Million Securitisation Facilities to Fuel Lending Growth

Key Facts

1S&U PLC has entered into two new securitisation facilities totaling £600 million to support the growth of its motor and property finance businesses.

S&U PLC has entered into two new securitisation facilities totaling £600 million to support the growth of its motor and property finance businesses. Benzinga reported that the facilities are intended to provide the necessary capital to support the ongoing expansion of the company's core finance divisions.

The new funding arrangements are designed to bolster the company's lending capacity across its primary sectors. The securing of significant capital represents a positive operational milestone for the mid-cap finance firm as it seeks to scale its property and motor lending portfolios.