Moneyway, the motor finance arm of Secure Trust Bank, lent £152.3m in the 12 months ending June 2015.
This was an increase of 19% in the amount lent compared to the 12 months prior to that.
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In the first six months of 2015, the amount lent by Moneyway was 10% higher than the same period in 2014.
"This boost follows the extension of its maximum lend by 25 per cent to £25,000 early this year, enabling the business to tap into the prestige vehicle space and offer credit on a larger range of vehicles," the company wrote.
John Simpson, managing director of Moneyway Motor Finance, said: "Moneyway has gone from strength to strength in the last 12 months, as we continue to grow our product range to cater for motorists across the risk curve, including our recent prime product launch. Our strong figures for the first half of 2015 are early indicators of the success of this expansion, at a time when consumer spending is on the rise.
"Low interest and inflation rates make this an attractive time to buy a car through finance, and with the automotive market now hitting pre-recession levels, we’re confident that this momentum will continue for the rest of the year."
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