Case Studies

A director of a long established crane hire company wished to raise funds at very short notice to acquire a property that he had an opportunity to purchase. Due to the nature of the opportunity, funds needed to be available within 48 hours. An existing crane that had a small finance balance outstanding was identified…

One of the side effects of growth for many professional firms is ensuring that you can collect the increased fee-billing quickly enough so that you can continue to invest the businesses capital in sustaining a growth trajectory. Cash pressure from increased growth is by no means a problem for only the smaller firms. Any practice…

Although bridging loans are often used to assist with the purchase of properties at auction, the property being purchased does not always have to be taken as security for the loan. The following is a good case in point. Our borrowers, a retired couple, had purchased a Grade II listed farmhouse at auction and had…

United Trust Bank was introduced to a long established coach operator by one of our supporting brokers who himself had been recommended by a friendly solicitor. The coach operator required funds to renew some of their VOSA operating licences and to inject some cash into the company to assist in its growth plans which included…

At United Trust Bank we meet many borrowers who have completed a refurbishment or development project and who wish to repay their investors or development funders before all or part of the project property is sold. In this particular instance we had the relatively unusual scenario where not only was the debt requiring refinance, but…

United Trust Bank were approached by a new customer and asked to consider assisting in the acquisition and redevelopment of an ex-public house site in a Shropshire town. The site already had planning consent for 14 dwellings but the clients had worked up a revised scheme for 22 units which had been supported by the…

At United Trust Bank we pride ourselves on our strong relationships with our partners, adding value where we can and always providing fast and reliable credit decisions to our valued brokers. As word has circulated about our services to brokers who specialise in professional loans, more and more are approaching UTB to sign up as…

Professional Indemnity Insurance can be one of the largest single payment obligations a professional practice needs to make in a calendar year and finding the best insurance provider is only half the battle for many legal firms. Identifying the appropriate funder to finance the insurance premium is no easy task when looking to balance a…

United Trust Bank was approached to finance the purchase and subsequent development of a former Grade 2 listed building in London. The development would create 37 apartments plus 2,620 sq.ft of A1 and 3,636 sq.ft of A3 use, incorporating conversion and new build. The applicant was initially introduced to the Bank’s Bridging team who were…

Bridging loan secures a purchase with a two week drop dead date Our borrowers approached us in the middle of the month with an urgent requirement for short term bridging finance. They had been looking for some time to purchase a property near their children and had very recently come across a completed new build…