Ultimate Finance increases maximum Structured Finance deal size to £10m to meet market gap for multi-asset SME lending

Ultimate Finance is today announcing an increase to its maximum Structured Finance deal size to £10m as well as simplifying lending criteria following the successful launch of its multi-asset lending proposition two years ago. This streamlined funding is secured against assets such as receivables, plant and machinery, and property, with additional cashflow finance, and has already supported over 50 SMEs with their growth ambitions.

There remains a structural market gap for truly joined-up, relationship based sub-£10m multi-asset lending, with traditional SME funding sources remaining hard to come by. 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 Structured Finance 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, they have also increased their maximum facility sizes across all products:

  • Invoice Finance from £5m to £7m
  • Asset Finance from £1m to £1.5m
  • Bridging Finance from £2.5m to £3m
  • 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.

He continues “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 adds “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.”

Ultimate Finance plans to continue expanding its market presence after reporting a record 2021 with total funding advances of £1.9bn and new facilities originated of £125m