Fexco Asset Finance Surpasses €100 Million Loan Book Milestone Fuelled by Strong SME Growth
Fexco Asset Finance Ltd (FAF) has announced that it has surpassed a €100 million loan book, marking a major milestone in its continued growth and underscoring its expanding support for small and medium-sized enterprises (SMEs) across Ireland.
FAF’s momentum has been driven by robust demand across core sectors, including significant growth in lending across transport and logistics (165%), construction (125%), agriculture (310%), and manufacturing (110%) since 2016.
This growth reflects the strength of FAF’s lending model, its trusted customer relationships, and sustained demand from Irish SMEs seeking flexible, tailored finance solutions. It also highlights the company’s ability to scale in a disciplined and sustainable way while maintaining a strong customer-first focus.
The business has also benefited from continued investment in its customer and supplier channels, alongside the expertise of its experienced sales team and a strong reputation for speed, flexibility, and service.
Commenting on the milestone, Mike O’Halloran, Executive Director & CEO of Fexco Asset Finance, said:
“Surpassing the €100 million mark represents a fantastic milestone for Fexco Asset Finance and reflects the strong momentum we are building in the Irish market.
It is a testament to the trust our customers place in us, the strength of our partnerships, and the dedication of our team.
As Irish businesses continue to invest in growth and innovation, we are excited to play an even greater role in supporting their ambitions with flexible, responsive finance solutions.”
FAF supports SMEs nationwide, enabling businesses to invest confidently in essential assets while managing cash flow effectively. Its diverse customer base reflects the breadth and resilience of Ireland’s SME sector.
The company’s lending activities are supported by key funding partners, including Fexco and the Strategic Banking Corporation of Ireland (SBCI), helping to extend access to finance for businesses across the country.
Colin Moran, CEO of SBCI, added:
“The SBCI’s partnership with Fexco Asset Finance is an important support for Irish SMEs across all sectors to grow, expand and prosper.
Reaching a €100 million loan book is a significant milestone. It reflects the strong demand from SMEs for flexible and accessible funding that can help them to invest with confidence and manage growth sustainably.
This achievement highlights the vital role that alternative lenders play in supporting the SME economy, and we look forward to continuing our strong partnership to deliver further impact for businesses across Ireland.”
Access to finance remains a key driver of SME growth in Ireland, and FAF’s success highlights the increasing importance of alternative lending providers in complementing traditional funding channels.
FAF operates exclusively within the Republic of Ireland and remains focused on building on this momentum, supporting even more businesses as they grow, invest, and seize new opportunities in the years ahead.
