Distribution Finance grows loan book, confident on full-year outlook
Distribution Finance Capital Holdings PLC on Tuesday reported record loan origination and a stronger loan book in the first half of 2025, saying it remains on track to meet full-year expectations.
The Manchester, England-based provider of financing solutions for dealers and manufacturers in the UK said new loan origination exceeded £828 million in the six months to June 30, up 17% from £709 million a year before.
Its loan book rose 21% year-on-year to £728 million from £603 million, slightly ahead of internal forecasts.
DF Capital said the growth was driven by increased market share in inventory finance and the introduction of new lending products. Credit lines hit a record £1.4 billion, up 27% annually, with dealer numbers growing to 1,491 from 1,250.
‘The group enters the second half with continued momentum,’ it said. ‘The board is confident of achieving full year results in-line with market expectations.’
The lender also confirmed the launch of its new asset finance offering, with initial loans made through motorhome and caravan dealers. Over 50 dealers have already signed up to originate loans, and a broader roll-out is planned through the remainder of 2025 and into 2026.
Chief Executive Officer Carl D’Ammassa said the new product marked a ‘milestone’ in the company’s ambition to become a multi-product lender, supporting its goal to grow the loan book to £1.3 billion by 2028 and deliver mid-teens return on equity.
DF Capital will report interim results in September. Shares were up 3.9% at 40.50 pence in London at midday on Tuesday.
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