Specialist lender Ultimate Finance has announced a robust start to 2025, providing over £62 million in new funding facilities during the first quarter, as it continues to expand support for UK businesses navigating a complex economic landscape.
The business confirmed more than 500 new facilities were originated across its suite of solutions, which includes Working Capital, Asset Finance, and Bridging Finance. Notably, Asset Finance volumes hit a record monthly high of over £10 million, contributing significantly to the company’s year-on-year growth.
Josh Levy, CEO of Ultimate Finance, hailed the results as a reflection of the company’s strategic focus and operational alignment.
“Our ambition has been to drive growth in our business by having all areas firing together to deliver on our mission to lend more money than ever to UK businesses,” said Levy. “I’m delighted to report that in Q1 we have continued to outperform our growth targets through the hard work and dedication of the entire Ultimate Finance team.”
Despite economic uncertainty following the US elections and the UK’s Autumn 2024 Budget, Ultimate Finance’s lending appetite has remained strong. The firm has continued to invest in its national presence and its valued introducer network, which plays a pivotal role in connecting businesses with tailored funding solutions.
Levy also announced the appointment of Alex Russon as Regional Director for Scotland, further strengthening the company’s on-the-ground presence and commitment to regional support.
“Our continued commitment to delivering tailored asset-based lending solutions through a high-quality personalised service model means we remain well placed to support the investment ambitions and cashflow challenges of UK businesses for the rest of 2025 and beyond,” Levy added.
