According to Sancus Lending’s latest trading update, loans under management came to £317m, which is up by nearly a third on the previous year.
The report noted that its turnover came to around £22.1m, an increase from £16.8m.
Sancus Lending said the performance “reflects continued strong growth” in its core UK and Irish business.
It added that the Channel Islands business has recorded an “improved performance”, with its estimated product before tax coming to £1m. This is up from around £100,000 in 2024.
Sancus Lending added that its expected profit before tax for the year is £2.6m, which compares to £2.8m in 2024.
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The report said the board is “encouraged” by the group’s trading performance and the “progress being made to enhance its strategic and operational positioning”.
The board said it remained confident due to the “progress and resilience” shown in the core businesses.
Sancus Lending said it “looks forward to delivering further growth in 2026 across its core lending businesses, which, together with maintaining disciplined cost and loan underwriting control, should deliver run-rate profitability”.
In November, Sancus Lending UK announced the appointment of Paul Wood as its director of funding.
