Ultimate Finance has announced an increase in their Working Capital cashflow loan ceiling, a strategic move to bolster their financial services.
- The loan limit has been raised to £500,000, incorporating it into a broader asset-based solution.
- These loans, which can be coupled with other financial products, support significant business initiatives such as mergers and acquisitions.
- The financial package now extends substantial support for the construction and recruitment sectors.
- CEO Josh Levy sees this development as a leap towards becoming a preferred funding partner for SMEs.
Ultimate Finance has recently upgraded its financial services by boosting the maximum Working Capital cashflow loan to £500,000. This adjustment is part of a larger asset-based facility aimed at providing enhanced liquidity options to businesses. By integrating this loan with invoice or structured finance facilities, businesses can leverage it for major operations, including acquisitions, mergers, and succession planning.
The new loan limit aims to significantly aid growth opportunities for small and medium enterprises (SMEs). These loans are structured over a three-year term, allowing for comprehensive planning and execution of business strategies. Ultimate Finance has tailored its offerings to meet the diverse needs of sectors such as construction and recruitment, reflecting a commitment to industry-specific solutions.
Alongside the increased loan ceiling, Ultimate Finance continues to offer substantial financial packages, with available funding reaching up to £7 million. The service also includes a trade finance component, widening the scope for businesses to secure necessary resources. This move underscores their continuous effort to close the gaps left by mainstream financial providers.
The company extends its financial provisions with structured finance solutions, offering up to £10 million against a mix of receivables, machinery, and property. This comprehensive financial approach allows clients to optimise their assets while ensuring cash flow flexibility.
Josh Levy, the CEO of Ultimate Finance, articulated that as the company advances its mission to support SMEs, these enhancements solidify their role as key proponents of strategic financial support. Levy asserts, “This increase to our cashflow loan… will be well received by introducers and their clients.” His comments highlight the importance of specialised lenders in bridging the funding gaps prevalent in the current economic landscape.
Ultimate Finance’s enhanced loan capabilities position them as a strategic partner in fostering business growth.
