Ultimate Finance increases maximum structured finance loan size to £10m

The streamlined funding is secured against assets such as receivables, plant and machinery, and property, with additional cashflow finance.

Borrowing against different balance sheet assets through structured finance solutions will enable additional funding to be generated for growth and expansion, M&A activity, turnaround situations, restructuring events, and shareholder exits.

Ultimate Finance’s enhanced proposition will provide joined up multi-asset funding solutions against a mix of receivables, assets, property and cashflow lending, delivered through a single point of relationship contact.

In increasing the maximum structured finance facility size to £10m, Ultimate Finance has also increased its maximum facility sizes across all products:

o Invoice finance from £5m to £7m
o Asset finance from £1m to £1.5m
o Bridging finance from £2.5m to £3m
o Cashflow loans increased to £1.5m as part of a structured finance facility.

Josh Levy, CEO at Ultimate Finance, said: “We remain focused on ensuring we stay true to the four key aspects of our structured finance proposition – speed, flexibility, simplicity and personal service. Our approach eliminates the traditional complexity of applying for and managing multiple funding products and prioritises the needs of our clients and introducers.

“We believe that increasing our maximum facility size will allow us to support the ambitions of even more SMEs with flexible working capital solutions and our approach to providing our clients with a dedicated relationship manager ensures they can fully utilise their facility to deliver on those ambitions.”

Nick Haggitt, sales director at Ultimate Finance, added: “With our increased facility size of £10m we are in a strong position to support more businesses, working in partnership with our introducers, and we have proven that our dedicated deal team approach can quickly and flexibly deliver essential funding to businesses, whether the requirement is event-driven or for general growth purposes.”