Case Studies

United Trust Bank’s Asset Finance department was approached by a valued broker partner acting on behalf of an established crane operator. The customer was seeking funding to purchase an eight year old crane which, despite its years, was much sought after and a quick turnaround was needed in order for the operator to secure the…

The United Trust Bank Asset Finance team were recently contacted by a broker who was new to the Bank. He requested that we consider a refinancing opportunity for a long standing customer of his, who was looking to raise funds to increase his collection of rare and classic cars. The customer was a high net…

The United Trust Bank Development Finance team were approached by a regular client of ours to fund the urgent acquisition of a short leasehold property in a prime road in Chelsea. It was essential that we met the completion date and also that we ensured the lease extension notice had been served on the Freeholder…

Professional Indemnity Insurance (PII) can be one of the largest single payment obligations for a professional practice each year, so trying to secure the most cost-effective cover is the first step for many firms. Once a suitable quotation is found, the next hurdle is often to try and quickly secure funding against the liability, as…

In August, an approved introducer submitted a loan application to the United Trust Bank Specialised Mortgages team on behalf of their customer. The loan application was for £27,000 over a nine year term on our +4.45% Bank of England Tracker. The main purpose of the loan was £19,000 for home improvements and a further £8,000…

United Trust Bank is continuing to develop its offering to the Technology market place and provide our brokers with additional innovation to offer their customer base. In one instance, an SME wanted to customise an e-commerce platform to make it more suitable for their business. The licenses for the system had been purchased over 3…

We recently received an application from an introducer who had initially started the process with another lender. After completing most of the referencing and then paying for a full valuation the lender declined the case as the customers Residential property was Grade II listed on a large ex-farming plot which also included two Buy-To-Let properties…

Our borrower company owns a stunning 18th Century home with a Greco-Palladian frontage. To the uninitiated, Palladian architecture is a European style of architecture inspired by the designs of 16th Century Venetian architect Andrea Palladio. Palladio’s work was strongly based on the symmetry, perspective and values of the formal classical temples of the Ancient Greeks…

Technology Finance at UTB continues to go from strength-to-strength as the market becomes more familiar with the products we can offer and how it can benefit our brokers’ customers and their reseller partners. Our product offering suits the full SME market and on this occasion a large UK services firm wanted to renew their enterprise…

Many businesses want to grow and develop, preferably without spending too much of their hard-earned cash. Even businesses with substantial liquid resources available to them need to seek out funding options from time to time, in order to even-out cash flow. In August this year we had the opportunity to provide such a facility for…