Case Studies

A customer new to UTB wished to fund a brand new mini coach through one of our long established broker partners. The vehicle was required for a new, long term contract but it would take a few months for the revenue from the contract to build up. It was therefore important to structure the payments…

We were approached by one of our regular introducers with an unusual transaction. His client, who is both an active contractor and developer, had negotiated with a church to redevelop the land currently occupied by their church hall. No money was to change hands for the site. Instead, the developer would build a new church…

An established broker, well known to UTB, contacted us with a potential transaction for a company purchasing a new, specialised stainless steel vacuum tanker. A quick decision was imperative as the broker faced competition from at least two other sources. The company had been through a tough trading period in recent years but the financials…

United Trust Bank was approached to finance a new project for an existing customer involving the redevelopment of a small site in Central London with planning permission to build a 4 storey (over basement) scheme of 6 apartments and a commercial unit on the ground floor. The site was already owned by the client and…

Our borrowers had amassed a significant residential investment property portfolio in London with low gearing. They were now looking to release equity for further acquisitions and to top up a cash injection they were putting into a development project, but without having to repay their cost effective first charge mortgages. United Trust Bank agreed to…

A new customer to United Trust Bank, was introduced to us by a broker with whom we have a strong existing relationship. The borrower, a well-established firm of independent funeral directors, wished to fund the purchase of two Mercedes hearses to add to their existing fleet. This sector of the market is rather specialised and…

A corporate borrower wished to acquire a vacant 1970’s office block arranged over four stories in a Surrey town which fell within ‘permitted development’ criteria. In May 2013 planning requirements were relaxed for the conversion of office buildings to residential use as long as they meet certain other criteria including amongst others that they have…

United Trust Bank was approached by developers looking to build a small, gated development in Kent. The project consists of 14 houses of varying styles in a farmstead design and in a sought after location overlooking several miles of uninterrupted rolling meadowland and adjacent to a wildfowl bird sanctuary. Despite the rural setting the properties…

A long established waste management business wished to fund a new biomass heating system for their 5.5 acre industrial site comprising various office units, some of which were sublet to other businesses. The economic benefits in terms of feed in tariffs and recharging of heating costs to their tenants would be significant. The customer did…

United Trust Bank was approached to finance a new project for an existing customer involving the purchase and redevelopment of commercial premises. The client exchanged contracts for the purchase conditional upon the grant of planning consent for the demolition of the existing buildings and replacement with 8 x 4 bedroom townhouses and 8,000 square feet of commercial…