Enra Specialist Finance celebrates record 2022 trading results

Enra Specialist Finance has announced its overall group lending performance in 2022 totalled approximately £2bn.

Its performance in 2022 surpassed previous highs in all business lines, with record originations in West One across all lending products, and record revenues in Enra's broking business Aria Finance

In addition, the group's assets under management rose by nearly 40% in the year. 

Significant results were also delivered by Enra on the funding side of the business, with the firm's second securitisation, Elstree 2, achieving tight pricing in H1, and Enra inking two new funding agreements in the second half of the year to augment its existing facilities. 

Danny Waters, CEO at Enra Specialist Finance, said: " 2022 was a massive year for our business - despite the market volatility the Enra team has delivered a phenomenal set of results. 

"Our audited results will be published in early Q2, but I fully expect to deliver close to £40m of EBITDA. 

"All of our lending lines are up on 2021, with a particularly impressive performance from our bridging and second-charge businesses. 

"I'm also delighted that combining our two mater broking brand into our new specialist distributor Aria Finance has paid off handsomely. 

"Some of the uncertainty that dogged the second half of 2022 remains, but I'm extremely confident in the Enra teams' ability to make their own weather and manufacture success in any market. 

"With the equity and additional funding arrangements put in place in 2022, Enra remains extremely well capitalised, well-funded, and perfectly positioned to provide specialist financial advice and significant lending capacity through 2023."

Published in Bridging&Commercial 16th January 2023

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