S&U chairman: motor finance momentum to continue following strong Q3

S&U PLC (LSE:SUS) chairman Anthony Coombs talked with Proactive's Stephen Gunnion about the company's strong growth in the third quarter of 2025 and the outlook for 2026, particularly across its Advantage and Aspen businesses. Coombs said he expects further momentum in 2026, even if the broader economy remains flat, due to increasing market share and the company’s operational improvements. He highlighted the recent performance of Advantage, the group’s motor finance division, which has seen “record collection rates” and strong loan quality following industry-wide challenges and regulatory scrutiny. “We’ve been trading our socks off for the last 3 or 4 months,” Coombs said, noting the investigation by the FCA is now complete and has confirmed the company’s compliance. Risk management remains a key focus. Coombs explained that S&U has improved its affordability assessments and credit scoring systems to ensure sustainable growth. The company is also introducing AI to support greater efficiency and customer onboarding. Discussing funding, he confirmed that net borrowings have risen in line with growth, and longer-term funding options such as securitisation are being explored. Looking ahead to 2026, Coombs said, “Actually, I see the economy slightly picking up in 2026. But even if it doesn't, we're going to be taking more market share.” For more interviews like this, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and enable notifications for future updates. #MotorFinance #SAndUPLC #AnthonyCoombs #AdvantageFinance #AspenBridging #2026Outlook #FinanceGrowth #AutoLoans #BridgingFinance #ProactiveInvestors