Ultimate Finance sets annual lending record

Josh Levy (pictured), chief executive officer at Ultimate Finance, said: “Ultimate Finance has prospered in 2019 against the backdrop of an unsettled year for many UK businesses. Uncertainty surrounding Brexit and the general election were contributing factors to business investment falling in five of the last six quarters, however it is encouraging to see business confidence returning.”

During the year, Ultimate Finance also became a founding signatory of the SME Finance Charter to demonstrate its commitment to supporting small business growth.

Levy added: “Our continued growth mirrors a trend of businesses becoming more comfortable with alternative finance providers and moving away from traditional banks. This trend, along with the investment in developing our introducer relationships, present us with a big opportunity for 2020 to continue supporting more businesses around the UK.”