Case Studies

An existing customer approached us to consider their next project. This involved the purchase of a site with planning consent for 11 detached executive homes in a rural location in the home counties. The borrower wanted to divide the project in two, building a first phase of 7 houses. This approach would enable the developer…

We were contacted by an established broker connection to discuss a potential transaction for a company purchasing a large recovery truck. The truck was nearly fifteen years old and therefore not an age of asset that ticks every lenders box. We don’t have tick boxes at United Trust Bank, neither do we have a restrictive…

Our borrower is a recently widowed lady. She was seeking to move to be closer to one of her sons, a move which also involved moving into a smaller property. For many homebuyers, but particularly more mature homebuyers, the stress of moving home can be exacerbated by the worries of trying to coordinate the sale…

Following the successful conversion of offices under permitted development rights to form 9 apartments, UTB was asked by our borrower if we would consider a further scheme involving a joint venture with their contractor. The project will create 26 units, also under permitted development rights, in a south London suburb. Following a visit to the…

As anticipated, July was rather a busy month for us here in Professional Lending. On top of the usual flow of proposals from our introducers, the team was awash with an array of tax-funding requests. For any successful partnership, or LLP, a balancing tax payment to HMRC was due by the end of July, and…

As the UK SME market really starts to find its feet, many businesses have moved out of recovery mode and are looking to continue their growth. Investment in technology for many is a key component to winning new customers and increasing business capacity. We were approached, via one of our technology introducers, to fund such…

A long established engineering company was introduced to us by one of our supporting brokers, who specialises in this sector. His customer was looking to reduce their monthly outgoings in order to manage a number of recently secured large contracts, plus inject funds into the business to improve its cash flow requirements in view of…

One of the aspects that makes working in the Bridging sector so interesting is its variety, whether of the story behind the loan or the borrower. In this case it was both. United Trust Bank was approached to provide finance to assist a charitable foundation purchase a London flat. The intention was to let the…

An existing customer approached United Trust Bank to provide a site refinance and construction facility to develop a new build block of 49 riverside apartments and associated parking on a site close to the centre of a popular West Country town. The development is being built as a single phase but comprises 3 distinct blocks…

When a business wants to grow there are often a variety of obstacles to overcome. The biggest is typically establishing exactly how to fund the expansion; whether the business is looking to increase their revenue, their physical premises, or both. In June, United Trust Bank was able to assist a small firm of General Practitioners…