Aspen parent company S&U PLC secures £900m funding boost
By Tara Sammons£900m package strengthens support for brokers and borrowers
Section: Funding Line
S&U PLC, parent company of Aspen, has secured £900m in funding.
This comprises of £650m of new debt facilities, provided by two Tier 1 UK financial institutions, together with £250m in group equity.
The facilities give Aspen significant financial firepower to pursue new lending opportunities and scale its bridging, BTL and development loan book.
In September 2026, Aspen surpassed £1bn in total lending since its inception in 2017 during which time it has funded the refurbishment and development of over 3,000 units.
The increase in funding will also support S&U’s expansion in the specialist finance market in auto finance via its subsidiary Advantage.
Jack Coombs, COO at S&U PLC, parent company of Aspen (pictured above), said: “These facilities substantially increase our scope for lending and the message we have to the market is simple — Aspen is here and in a better position than ever to support brokers and fund their borrowers’ projects across England and Wales.”
Keywords: Aspen, S&U PLC, Jack Coombs, specialist finance, bridging finance, bridging loans, BTL finance, buy to let lending, development finance, property development loans, broker market, England and Wales property finance