Ultimate Finance has expanded its cashflow loan options in a significant move, raising the upper limit to £500,000.
- This increase introduces more flexibility in borrowing for businesses, enabling strategic growth opportunities.
- The enhanced loan can be combined with other finance facilities, providing a broader asset-based solution.
- With specialised offerings for sectors like construction, Ultimate Finance aims to fill the gaps left by traditional funding sources.
- CEO Josh Levy emphasises the focus on supporting SMEs with necessary liquidity.
Ultimate Finance has made a noteworthy adjustment to its lending options by raising the upper limit of its Working Capital cashflow loan to £500,000. This expansion is part of a broader asset-based financial strategy aimed at offering more adaptable funding solutions to businesses. By doing so, Ultimate Finance is positioning itself as a key player in providing financial support for significant business ventures, including acquisitions and mergers.
The enhanced cashflow loan is structured to be flexible, allowing it to be combined with other financial products such as invoice finance and structured finance facilities. This combination approach broadens the financial toolkit available to businesses, allowing them to leverage multiple sources of funds for larger, more complex financial needs. Over a term of three years, businesses can utilise this loan to pursue substantial growth opportunities.
In addition to the cashflow loan increase, Ultimate Finance’s comprehensive package includes funding up to £7 million, with particular attention to sector specialisms like construction and recruitment. The company also offers a trade finance option, which is a critical component for businesses involved in international trade. Furthermore, through a structured finance facility, borrowing can extend to £10 million, enabling clients to secure financing against receivables, plant and machinery, and property.
Josh Levy, the CEO of Ultimate Finance, articulates the company’s strategic direction with clarity, stating the intent is to be the chosen funding partner for businesses. “As we advance in our mission to become the preferred choice for financing, this enhancement ensures we can provide SMEs with the liquidity they require,” he explains. Levy also notes the role of specialist lenders in bridging the gaps left by mainstream financial institutions, suggesting that this increase will be beneficially received by both introducers and their clients.
Ultimate Finance’s strategic expansion in loan offerings underscores its commitment to supporting business growth with accessible financial solutions.
