Introduction

In a significant move to bolster UK businesses during challenging economic times, Ultimate Finance has announced the provision of £62 million in new facilities during the first quarter of 2025. This substantial investment highlights the company's steadfast commitment to supporting business growth and liquidity needs across the UK. As a specialist asset-based lender, Ultimate Finance leverages its expertise in Working Capital, Asset Finance, and Bridging Finance to empower businesses to navigate complex market conditions.

Strong Performance Amid Challenging Landscape

Ultimate Finance's Q1 performance underscores its resilience and growth ambitions, despite the backdrop of the US elections and UK Autumn 2024 budget, which have introduced uncertainties to the global economic landscape. The company has successfully delivered over 500 new facilities, reinforcing its strategic focus on expanding its regional footprint to enhance service delivery and meet market demand. This effort is bolstered by the recruitment of key personnel, such as Alex Russon, who joins as a Regional Director in Scotland.

Key Highlights of Q1 Performance:

• Total Origination: £62 million in new facilities provided to businesses across the UK.
• Facility Types: Working Capital, Asset Finance, and Bridging Finance solutions were offered to cater to diverse business needs.
• Asset Finance Growth: Achieved a new monthly high of over £10 million, marking significant annual growth for the quarter.
• Expansion Strategy: Strengthening regional presence and introducer network to support business ambitions nationwide.

Commitment to Business Growth

Josh Levy, CEO of Ultimate Finance, highlighted the company's ambition to drive growth by ensuring all business segments work cohesively to deliver more lending to UK businesses. Despite economic challenges, Ultimate Finance remains committed to its mission of providing tailored asset-based lending solutions through a high-quality, personalized service model. This strategic approach positions the company well to support business investment ambitions and address cash flow challenges for the remainder of 2025 and beyond.

Enhancing Service Quality and Reach:

• Introducer Network: Expanding partnerships to enhance service delivery and accessibility across regions.
• Regional Expansion: Focusing on building a robust regional presence to meet local business needs more effectively.
• Product Innovation: Continuously enhancing product offerings to better align with market demands and customer needs.

Institutional Funding Support

Ultimate Finance's success is also underscored by its previous achievements in securing significant institutional funding. In July 2024, the company completed £370 million in wholesale funding, a combination of new and extended facilities with major banks like Lloyds Bank and NatWest. This financial backing is crucial for Ultimate Finance, enabling it to maintain its position as a key player in the specialist asset-based lending market.

Key Institutional Funding Highlights:

• Total Funding: £370 million secured for the next three years.
• Funding Partners: Collaboration with Lloyds Bank and NatWest to enhance funding capacity.
• Business Impact: Supports nearly 4,000 businesses and property investors across the UK.

Economic Context and Future Prospects

The current economic landscape presents both challenges and opportunities for businesses. Despite global macroeconomic uncertainties, Ultimate Finance remains optimistic about its growth potential. The company's ability to adapt and innovate positions it well for continued success in supporting UK businesses through tailored financial solutions.

Market Opportunities and Challenges:

• Economic Uncertainty: Businesses face challenges due to political and economic instability.
• Growth Opportunities: Increasing demand for flexible financing options as businesses seek to maintain liquidity and invest in growth strategies.
• Technological Innovation: Embedding technology to enhance service delivery and customer experience.

Conclusion

As Ultimate Finance continues on its path of delivering significant financial support to UK businesses, its commitment to growth, innovation, and customer-focused solutions remains unwavering. With a robust strategy in place and strong financial backing, the company is poised to play a pivotal role in the specialist asset-based lending sector, helping businesses thrive in a dynamic market environment.

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