During Q2/15, Snap-on Financial Services’ portfolio grew to $1.13 billion, while revenue and operating earnings both increased.

The financial services arm of the manufacturer and marketer of tools and equipment reported $58.7 million in revenue in Q2/15, up from $51.7 million in Q2/14, while posting operating earnings of $41.4 million, also a jump from last year’s number ($34.8 million).

Snap-on Financial Services’ operating earnings made up roughly 21.5% of consolidated operating earnings ($192.2 million) for the quarter.

In addition, Snap-on showed net finance receivables of approximately $1.13 billion on July 4, 2015, up $77.6 million or 7.3% from January 3, 2015.

The boost in Q2 earnings continues a strong year of growth for Snap-on Financial Services, which has generated $116.1 million in revenue and $81.7 million in operating earnings in the first half of 2015, representing an increase of 13.5% and 19%, respectively.