Manchester-based Secure Trust Bank Commercial Finance said it has lent £4 billion to businesses since establishing in 2014.

Secure Trust Bank Commercial Finance said it has funded £1 billion worth of customer invoices in the last year.

The commercial finance arm of the FTSE-listed bank provides a full suite of asset based lending facilities to businesses across the UK, ranging in size from £1 million to £50 million.

The firm provides funding for a range of scenarios including management buy-ins, restructurings, turnarounds and refinancing.

John Bevan, managing director at Secure Trust Bank Commercial Finance, said: “The Commercial Finance business has completely transformed since our inception.

“When we started out, our maximum loan size was £15m, which has since risen to £50m, demonstrating our size and scale in the market.

“Not only this, but an average 85 per cent year-on-year growth is indicative of our strong proposition and credibility as one of the UK’s leading invoice finance providers.

“Our expansion into Yorkshire and the Midlands has also been a driving factor behind our growth.

“Having a base in each of the UK regions has enabled us to offer a better service to the businesses we work with which, coupled with our flexible approach to lending, has led to huge increases in facilities we fund.

“We’re confident this growth will continue into the future as we expect to see a record year in commercial finance.”