Case Studies

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…

Our customers’ son and daughter were each purchasing a residential property with the assistance of a mortgage, and our customers wished to gift to each of them the balance of the purchase price. As security for the loan our customers offered us a second charge on their London home and a first charge over a…

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 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…

A member of the United Trust Bank asset finance team had previously dealt with the company that has the contract with the Football Association to supply and run the England football team coaches. So when approached to fund the new team coach we quickly got into action to make sure that we could support the…

An existing United Trust Bank borrower approached us via one of our supporting brokers as they were looking to raise funds to settle an unexpectedly high tax bill and to pay for several of its vehicles to be converted to London emissions zone (LEZ) compliance. The conversion would enable them to be able to work…

One of our supporting brokers introduced us to a well-established coach operator looking to refinance existing loans and develop their fleet. The company had been in business for many years as a sole trader but recently became a limited company formed when the original proprietor was joined by additional experienced directors/investors, who operated other well…

A well established broker introduced us to an experienced bus operator who was looking to substantially reduce their reliance on their bank overdraft and also reduce their monthly finance commitments going forward. To achieve this, a number of used buses were refinanced over a five year term with a small balloon payment, and the existing finance settled. The…

A customer approached United Trust Bank’s Business Development Manager for the North of England and Scotland, to finance the purchase of an excavator and shear and was keen to proceed quickly. However, United Trust Bank prefers to deal through its network of approved brokers so our BDM introduced the customer to his nearest and most…

We were approached by a broker partner who introduced us to a long established company in the Broadcasting sector wishing to refurbish an outside broadcast trailer unit to High Definition (HD) Specification. The trailer was a bespoke unit and there are very few used trailers of this kind in the market place. The customer wished to refurbish their…