Liberty Leasing increases facility with UTB to £10m

Liberty Leasing has announced a £3 million increase to its existing facility with United Trust Bank (UTB), bringing the total facility to £10 million. The expanded funding line will enable Liberty Leasing to further support UK SMEs across key sectors including construction, engineering, transport, agriculture, and printing.

As an established independent lender, Liberty Leasing retains full discretion over its lending decisions, allowing it to tailor finance solutions to meet each customer’s specific needs. Its human-led underwriting approach ensures every proposal is assessed on its individual merits, helping more businesses access the asset finance they need to grow.

United Trust Bank is a growing specialist lender providing a range of secured funding facilities for businesses and individuals, alongside deposit accounts for individuals, businesses, and charities. In 2024, UTB launched its block discounting division, providing competitive funding to non-bank lenders that do not rely on retail consumer deposits. Through this, the Bank has developed strong partnerships with independent asset finance companies funding lease, hire purchase, and loan agreements.

“UTB has supported us since early 2024 with our provision of asset finance to UK SMEs, providing them with much needed asset finance to grow their businesses. We believe that this additional facility will enable us to further extend our support of British industry by providing asset finance to even more SMEs across the UK.”

“Liberty has been active in supporting UK SMEs for many years, and we’re keen to support independent finance providers like Liberty with the sources of funding they require to operate.”