Ultimate Finance has elevated its cashflow loan ceiling to £500,000, enhancing its service for SMEs.
- This increase is part of a broader asset finance strategy, allowing more comprehensive financial support.
- Businesses can combine these loans with invoice or structured finance options for greater flexibility.
- With this change, Ultimate Finance aims to bridge the gap left by traditional funding sources.
- Josh Levy highlights the strategic intent behind this enhancement, emphasising support for SME liquidity.
Ultimate Finance has strategically raised its cashflow loan limit to £500,000. This move is a significant enhancement within its asset-based financial services, designed to provide SMEs with versatile funding options. By doing so, Ultimate Finance aims to cater to businesses seeking substantial capital for various purposes including acquisitions, expansions, and succession planning, thereby supporting their growth initiatives.
The new cashflow loan can be integrated with other financial products such as invoice finance and structured finance facilities. This integration allows businesses greater flexibility in managing their capital needs, providing a tailored approach to financing that addresses specific business requirements. Such a comprehensive financial strategy ensures businesses can access the funding necessary for development and operational stability.
Josh Levy, the CEO of Ultimate Finance, articulated the company’s vision to be the preferred funding partner for SMEs. He noted that this enhancement allows Ultimate Finance to offer improved liquidity solutions, thereby reinforcing their commitment to supporting business growth. Levy also acknowledged the strategic role specialist lenders play in filling the funding void left by mainstream sources, positioning Ultimate Finance as a pivotal entity in offering these bespoke funding solutions.
Moreover, the Working Capital Finance proposition at Ultimate Finance extends to cover up to £7 million, targeting sector-specific needs such as those in construction and recruitment. It further can provide up to £10 million through structured finance facilities, enabling borrowing against various assets, including receivables and property. This broad financial toolkit underscores Ultimate Finance’s ability to offer considerable support across different sectors, enhancing its value proposition to SMEs.
Ultimate Finance’s increased loan offering strengthens support for SMEs, enhancing financial accessibility.
