As the third quarter drew to a close, the Lendhub team gathered for our Q3 review and Q4 kick-off afternoon. This event provided a opportunity to celebrate our collective achievements, assess the performance of our teams, and align on our focus for the quarter ahead. As we look forward, we remain dedicated to building on this momentum, continuing to innovate and deliver exceptional value to our clients, which remains at the forefront of our vision.
A Message from Christopher Adamou
Christopher (CEO) shares his perspective on Lendhub’s continuous growth and client-centric approach:
“Q3 has been another period of significant progress for Lendhub, driven by the dedication and hard work of our entire team. As we look towards Q4 and beyond, we are particularly excited about the introduction of our new funding line. This strategic move has enabled us to significantly strengthen our ground-up development offering with more competitive terms and flexible solutions for our clients. We remain committed to continuously evolving and providing the best possible solutions, and this milestone is a testament to that promise.”
Richard Nordgreen on Credit, Portfolio, and Future Expectations
Richard Nordgreen, Managing Director, provided an in-depth review of our performance throughout what was a record-breaking Q3 for Lendhub. His presentation celebrated several key successes, including strong loan origination volumes, portfolio performance, and continued improvements in credit processes. Richard also outlined a clear and ambitious roadmap for Q4, ensuring we maintain our robust growth trajectory and continue to deliver strong results.
Hear from Richard:
"In my training as a Chartered Accountant at PwC, I learned the potential pitfalls of quarterly reporting and the short-termism it can create. Accordingly, whilst we carefully track our data quarter to quarter, we also take care to compare the figures on an annualised, normalised and ‘seasonalised’ basis - always keeping our Core Objectives, which look 12 months ahead and beyond, as the framework within which we report. So, whilst Q3 saw slightly fewer completions than Q2, it was nevertheless a record-breaking Q3, and we made fantastic progress towards our Core Objectives." -Richard Nordgreen
Recognising Dedication and Welcoming New Faces
We are also pleased to announce that William Phung has been promoted to Senior Risk Manager, a well-deserved recognition of his dedication and contribution over the past seven years at Lendhub.
In addition, we’re excited to welcome several new team members: Ben Hillel (Credit Analyst), Aideen Kelly (Credit Operations Assistant), Tristan Barrett (Head of Engineering), Kenneth Barrett (Lead Engineer), and Lorenzo Volonteri (RevOps Associate). Tristan and Kenneth have joined to lead the development of our upcoming platform, an exciting step forward in enhancing our technology and client experience.
We are also proud to share that Nathan Culley, Credit Associate, was selected as our Employee of the Quarter, a testament to his outstanding performance and camaraderie with his team.
Francesco Prelorenzo on Product Enhancement and Future Funding
Francesco, Investment Manager, shared some exciting news about the enhancement of our ground-up development finance offering. Made possible through a new institutional funding line, Lendhub can now support development loans up to £7.5m and 90% LTC, with rates starting from 5.5% p.a. + BBR.
This expansion enables us to provide developers with more competitive terms, higher leverage, and greater flexibility, helping them bring ambitious projects to life. It’s a significant evolution in our journey to offer dependable, end-to-end funding solutions that empower developers from start to finish.
Marketing’s Record-Breaking Q3 and Ambitious Q4 Plans
The marketing team also presented their outstanding achievements, marking Q3 as their best quarter yet. Looking ahead, Q4 is positioned to be an even bigger period for marketing, with several key initiatives planned, including our presence at the highly anticipated FP Show. Attendees will have the opportunity to test our new quick calculator firsthand, and those who use it to make an enquiry will be entered for a chance to win an exciting prize.
We are focused on expanding our reach and engagement, further solidifying Lendhub’s position in the market.
Looking Ahead: Driving Success Together
The strategic insights shared by our leadership, coupled with the impressive performance across all teams, set a strong foundation for continued success as we look toward the final quarter of the year.
At Lendhub, we believe that our collective efforts, innovative spirit, and unwavering focus on our clients are the true drivers of our progress. To cap off a successful day and foster team bonding, the entire Lendhub team celebrated at The Traitors Experience!
We are excited for what Q4 holds and look forward to sharing our journey with you.
