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PremFina lands 400 million pound debt facility from Lloyds

The new senior debt line combines with a March 2026 junior capital facility to total 500 million pounds and is aimed at expanding premium finance volumes up to 1.9 billion pounds, with 1.0 billion already committed.

Reported · Written up by our desk · Industry & Deals

UK insurance premium finance provider PremFina has secured a 400 million pound senior debt facility from Lloyds to support the continued growth of its loan book, with the company citing momentum and plans to scale further.

The financing complements a 100 million pound junior capital facility PremFina secured from Waterfall Asset Management in March 2026. Taken together, the two facilities total 500 million pounds.

PremFina said its loan book has grown by more than 300% over the past 18 months, and it plans to use the added funding capacity to expand the business. The company also said it could potentially access public asset-backed securities markets in the future.

PremFina expects the combined facilities to support up to 1.9 billion pounds in premium finance volumes, with 1.0 billion pounds already committed, according to Coverager. The outlet also reported that PremFina’s CEO, Sharon Bishop, framed the Lloyds and Waterfall support as strengthening its funding platform.

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