Case Studies

Although funder case studies tend to focus on unusual assets or deals which needed something extra to get them over the line, the reality for most funders is that a majority of their transactions aren’t that interesting. However, for the customer and the broker representing them, even the most ordinary of deals is absolutely the…

Once UTB’s Structured Finance (SF) team establish a relationship with a client, it continues to develop as the client’s needs and requirements change. When we were first approached by this client in May 2017 the client simply required a facility to complete the development of a non-trading hotel in Central London whilst they also regularised…

United Trust Bank Asset Finance BDM, Paul Barter, was contacted by valued broker partners Business Finance & Leasing with an existing UTB customer wishing to purchase two Alexander Dennis 33-seat service buses. The customer required £133,000 to complete the transaction and wanted to move quickly. Eric Torjussen, of Business Finance & Leasing, quoted the customer…

United Trust Bank’s Bridging team was approached by Clever Lending to assist a couple with the purchase of what would become their new main residence. The property was being sold by the local council as it was previously a children’s home with C2 usage. The sale to the couple was agreed on the basis that…

Development finance facilities were made available to a long-standing customer to fund an office to residential conversion of two separate buildings. Together they would create 74 apartments and 18 new airspace / rooftop units. With works nearing completion and sales underway, the borrower identified two further opportunities of interest close to the current sites. Following…

BORROWER Developer LOAN AMOUNT •Circa £1.2m – Acquisition Loan •Circa £600k – VAT Loan LOAN TYPE Structured Finance LOCATION South East LOAN TO COST 51% (combined) PROJECT TYPE • Acquisition of a commercial/light industrial business park for redevelopment SPECIAL FEATURES • Loan includes VAT funding • Multiple amendments of the facility structure to accommodate the…

United Trust Bank’s Structured Finance division were approached by the borrower on 13th December 2018 seeking funding for the acquisition (and payment of the VAT liability) of a redevelopment opportunity in Essex. The borrower had exchanged contracts on the purchase of the commercial/light industrial site with the completion date set for the 7th January 2019.…

Improving part of your home can often make you realise that the whole place could do with a refresh. Our customers found this out just over a year after completing a loan with the Bank for this purpose. They wanted to continue the improvements, but who should they approach? United Trust Bank of course! We…

United Trust Bank’s Development Finance team were approached to jointly fund phase 1 of the conversion of a vacant office block under permitted development rights. The developer was seeking high LTC funding for the £14.5m project to enable them to retain equity for other opportunities. The 5-storey building is situated in an affluent town on…

United Trust Bank’s Bridging team were approached to assist a couple in the purchase of a piece of land with planning permission for the construction of two new family homes. The husband and wife team jointly owned a limited company which would be the legal borrower and the owner of the land being purchased. However,…