Case Studies

United Trust Bank is continuing to develop its offering to the Technology funding market place and provide our brokers with additional innovation to offer their customers. In this instance, a retail firm, which was looking to expand quickly over the next 24 months, wanted to arrange some payment options for equipping each new retail outlet…

As we continue to develop our offering to the Technology marketplace, and provide our brokers with additional innovations to offer their customer base, we were approached by a broker representing a manufacturing firm which wanted to upgrade its Enterprise Resource and Planning (ERP) software. The broker, a valued partner of UTB, has been involved with…

Earlier this year, United Trust Bank was approached by a new introducer to discuss the possibility of funding a developer on a site on the Nottinghamshire / Leicestershire borders. The client had an extensive civil engineering background and had been undertaking major roadway and ground works contracts, including those for large national house builders. However,…

In November 2013, our borrower, an entrepreneur businessman, had agreed to purchase an apartment off-plan. The apartment is in Central London and had a purchase price of £2.4m. A substantial deposit had been paid upon exchange of contracts. The development was finished ahead of schedule and our borrower was served with a notice to complete…

Picking out a suitable case study to write about from the hundreds of transactions we have completed recently is not always an easy task. To qualify for possible inclusion in Case File, the transaction usually has to have something a little quirky about it to interest the reader. The challenge we face is that the…

United Trust Bank was contacted late one Friday by an introducing broker frustrated at having just been let down by another funder on a re-finance of a rare classic car. His customer intended to use the funds to secure a development opportunity and needed to act quickly. The broker had already received a formal acceptance…

We were approached to help a customer who, together with some members of his family, runs a well-established limousine business. The fleet of cars is “refreshed” at regular intervals and the business required short term funding to facilitate the most recent set of new car leases. A member of the borrower’s family lived in and…

The Bank was approached by a long standing broker partner with a proposal to fund the purchase and redevelopment of a run-down retail unit with some commercial and residential accommodation. The property had planning consent for conversion to 5 apartments with some commercial space retained to the front of the ground floor. The clients run…

At United Trust Bank we always strive to maintain a great relationship between brokers and clients alike. Whenever possible we look to reduce turnaround times to our brokers so they can provide the best possible service to their clients. In April we were approached by a valued introducer who asked us to provide funding for…

As momentum continues to build in the UK legal market, many businesses are posting improved performances in many key metrics of profit per partner and fees invoiced per fee earner. A consequence of this increased market performance is that “Lock-up” tends to increase, especially within larger firms. A large, well-respected London firm of Solicitors, that…