Latest news with #UltimateFinance
Yahoo
17 hours ago
- Business
- Yahoo
Ultimate Finance refreshes brand identity to boost growth
Asset-based lender Ultimate Finance has announced the launch of its updated brand identity as part of its growth plans. The UK-based company stated that since introducing its current business strategy and brand in 2020, it has achieved 'significant growth' in both its loan portfolio and market presence. Ultimate Finance's choice to invest in the brand supports its ongoing product and growth strategy. Ultimate Finance chief marketing officer Yvonne Balfour said: 'We are delighted to reveal our updated brand look and feel, showcased at the recent NACFB Commercial Finance Expo in Birmingham. 'This evolution of our brand better reflects our market position and meets the expectations of our broker network. In a crowded marketplace, it is vital for us to differentiate our proposition and be noticed. By developing our unique illustration style alongside our distinct brand colours, early feedback has demonstrated the significant impact the new look is already having.' The lender said it has reported 'strong' performance this year, with enhancements such as an increased maximum facility size for working capital and expanded asset finance securitisation. In Q1 2025, Ultimate Finance provided more than £62m ($84.4m) in new funding facilities. During the first three months of the year, the company offered more than 500 new facilities across its financial solutions, including asset finance, working capital, and bridging finance. Announcing the numbers in April, the company reported that asset finance alone reached a record monthly high, exceeding £10m. Later that month, Ultimate Finance expanded its asset finance securitisation facility with Lloyds Bank from £100m to £145m. Earlier this month, the company announced an increase in its maximum invoice finance facility size from £7m to £10m. Ultimate Finance stated that this enhancement in its working capital offering will enable it to continue building a presence in the market for larger deals and ensure it provides a competitive, distinct, and wide-ranging solution offering. "Ultimate Finance refreshes brand identity to boost growth " was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Scotsman
03-06-2025
- Business
- Scotsman
Josh Levy and Dario Schiraldi on Ultimate Finance's £10M facility boost for market growth
Specialist asset-based lender Ultimate Finance has raised its maximum invoice finance facility from £7 million to £10 million as it looks to expand its footprint in the larger deal market. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The Tavistock Group-owned firm based in Bristol said the change fits with its efforts to expand its working capital services. This improvement is due to improvements in pricing and larger cash flow loan options which have been well-received by the bank's clients. The increase in facility size reflects the company's ambition to remain competitive and distinctive while expanding its offering to cater to a wider range of businesses. It also supports Ultimate Finance's broader aim of building a strong presence in larger lending transactions. Advertisement Hide Ad Advertisement Hide Ad Chief Executive Officer Josh Levy said the company has had a robust start to 2025, completing 60 working capital deals in the first five months of the year. 'April and May represented our highest single months in the past five years for new deal numbers and deal value, respectively, and this momentum shows no sign of slowing down,' he said. Market Growth 'With our average client retention now at eight years, the increase enables us to further support those clients with their growth ambitions and deliver on our mission. This is to provide more cash flow than ever before to new and existing clients,' Levy added. Dario Schiraldi, Deutsche Bank's former MD, explains how the institutional playbook is being shaped by private equity, private credit, structured investments, and ESG-driven strategies as investors look to maximise risk-adjusted returns and improve portfolio resilience. "In order to generate alpha, institutional investors are stepping outside of traditional asset classes," Dario Schiraldi, Deutsche Bank's former leader, says. He further added, "Private equity and private credit provide exposure to high-growth industries and innovative companies while offering protection against short-term market swings." Advertisement Hide Ad Advertisement Hide Ad Levy expressed confidence that the enhanced facility, combined with the company's high-touch, tailored service model, would support its growth trajectory. Founded in 2002, Ultimate Finance has supported more than 4,000 UK businesses and property investors with customised funding packages designed to meet the cash flow needs of small and medium-sized enterprises (SMEs). In addition to its head office in Bristol, the lender maintains a national presence with offices in London, Lutterworth, Manchester, Leeds, and Edinburgh. The firm was acquired by Tavistock Group nine years ago, reinforcing its long-term commitment to growth in the UK market.
Yahoo
25-04-2025
- Business
- Yahoo
Ultimate Finance boosts Lloyds-backed asset finance facility to £145m
Specialist asset-based lender Ultimate Finance has increased its asset finance securitisation facility with Lloyds Bank from £100m to £145m, according to a press release. The expansion follows a strong start to 2025, with origination growth accelerating in the first quarter and continued expansion of the lender's asset finance loan book. In the first 15 weeks of the year, Ultimate Finance provided £32m in new asset finance facilities to UK businesses through hire purchase, finance lease and refinance products. The company reported a 70% year-on-year increase in origination for Q1, with loan book balances exceeding £120m for the first time. Neil McMyn, Chief Financial Officer of Ultimate Finance, said the increase reflects strong demand and ongoing support from introducers and broker networks. 'The facility increase further extends the long-standing relationship we have with Lloyds and our ability to provide even more funding and investment capital to SMEs throughout the UK,' he said. Andrew Scott, Director at Lloyds, said the bank is committed to supporting the SME sector through securitised funding. 'We are proud not only to provide this additional funding to Ultimate Finance, but also to support the company as it continues to deliver on its growth ambitions,' he said. The announcement follows Ultimate Finance's £370m wholesale funding raise in 2024 across its working capital, asset finance and bridging finance products, the company said in a press release. The lender is part of the Tavistock Group, a private investment company. "Ultimate Finance boosts Lloyds-backed asset finance facility to £145m" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
