Are you curious about how specialist lending companies are performing this year? Let’s dive into the impressive achievements of Ultimate Finance.
Ultimate Finance’s Record-Breaking Growth
Ultimate Finance, a key player in the specialist lending sector, has reported a remarkable 44% increase in new lending during the first half (H1) of the year. This growth marks the highest-ever originations for the company in a six-month period, showcasing its strong market presence and commitment to supporting businesses.
A Deeper Look at the Numbers
In the first half of 2024, Ultimate Finance extended £109 million in new facilities, leading to a 14% growth in its loan book, now standing at £340 million. The diverse funding provided by the lender includes:
- £52 million in bridging finance
- £29 million in asset finance
- £28 million in working capital solutions
This diversity in funding options demonstrates Ultimate Finance’s capability to cater to various business needs, from short-term funding requirements to long-term growth capital.
Client Growth and Market Impact
Ultimate Finance has seen significant growth in client facilities, nearing the 4,000 mark. This expansion indicates the company’s increasing influence and ability to attract a wide range of businesses seeking financial support.
Plans for Future Growth
To maintain its upward trajectory, Ultimate Finance plans to further increase its funding capacity in the latter half of the year. This strategic move aims to sustain its growth momentum and continue providing robust financial solutions to its clients.
CEO’s Vision and Achievements
Josh Levy, CEO of Ultimate Finance, expressed his delight with the company’s performance:
“I am delighted to report another strong half-year performance with significant loan book, origination, and customer service milestones met. We continue our consistent and continuous progression.”
Levy highlighted that the company’s progress in various areas contributes to its overall success. He also pointed to the recent Responsible Business Report publication, which reflects on Ultimate Finance’s Environmental, Social, and Governance (ESG) commitments and priorities.
Commitment to SMEs and Property Investors
Ultimate Finance prides itself on partnering with introducers and brokers to support the ambitions of SMEs and property investors across the UK. Over the past 12 months, the company has welcomed dozens of new team members to enable continued growth and enhance its service offerings.
Trust and Recognition
Ultimate Finance’s commitment to excellence is evident in its achievements:
- ‘Excellent’ rating on Trustpilot with a perfect score of 5 out of 5 in June
- Net Promoter Score of 73%
- Industry accolades, including Specialist Product of the Year at the B&C Awards
These recognitions underscore the company’s dedication to customer satisfaction and industry leadership.
Real Stories, Real Impact
Ultimate Finance’s growth isn’t just about numbers. It’s about the real stories of businesses and property investors who have benefited from their tailored financial solutions. For example, a small manufacturing business in the Midlands was able to expand its operations and hire additional staff thanks to the working capital provided by Ultimate Finance. Similarly, a property developer in London successfully completed a major project using the company’s bridging finance.
How to Leverage Ultimate Finance’s Offerings
If you’re a business owner or property investor looking for flexible financial solutions, consider these steps to leverage Ultimate Finance’s offerings:
- Assess Your Needs: Determine whether you need short-term funding, asset finance, or working capital solutions.
- Contact a Broker: Work with a broker to explore the best options available through Ultimate Finance.
- Apply for Funding: Submit your application and collaborate with Ultimate Finance to tailor the solution to your needs.
- Monitor Progress: Keep track of how the funding supports your business growth and stay in touch with Ultimate Finance for any additional support.
Conclusion
Ultimate Finance’s impressive growth and commitment to supporting SMEs and property investors make it a standout player in the specialist lending market. With plans to further increase its funding capacity, the company is well-positioned to continue its upward trajectory. If you’re in need of financial solutions, consider leveraging the expertise and offerings of Ultimate Finance to achieve your business goals.
Photo credit: Yahoo Finance
