Equipment Finance News

Ultimate Finance launches multi-asset finance offer

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Specialist asset-based lender Ultimate Finance has introduced a new Structured Finance offer to release working capital for UK businesses.

Introducers can offer clients multi-asset funding solutions of between £350,000 and £5 million against several assets simultaneously, such as unpaid invoices, plant and machinery, and property.

Ultimate Finance aims to reduce the complexity of multi-asset finance by offering a single point of contact supported by a dedicated deal team.

Structured Finance will add to the existing portfolio of services at Ultimate Finance which includes working capital, asset finance and bridging finance; it provided more than £1.6 billion of funding to SMEs in 2019.

Josh Levy (pictured), chief executive officer of Ultimate Finance, said: “Our offering eliminates the traditional complexity of applying for and managing multiple funding products, giving business owners time back to invest in their company.”