In comparison with the previous quarter, average monthly lending grew by 12.7%, from £233m.
According to company’s financial report, its group net loan book grew to £7bn, a 14.3% increase from £6.2bn last year and a 3.7% rise from £6.8bn in the previous quarter.
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Underlying profit before tax also increased by 25.4% from the same time last year, from £41.3m to £51.8m, and rose by 8.6% compared with the previous quarter at £47.7m.
Mike McTighe, chairman at Together (pictured above), commented: “Together delivered another strong performance in the quarter to 31st March, with the loan book reaching a new high of £7bn.
“As we celebrate 50 successful years in business, we remain cautiously optimistic about the future and will continue to help our customers realise their ambitions and play our part in supporting the UK economy.”
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