Businesses can often have substantial amounts of money tied up in their assets. Money that, once released, can be used to seize a multitude of opportunities. For example, over the last year UTB has refinanced everything from a fleet of coaches to a historic racing car and provided funds to enable UK SMEs to invest in new vehicles and machinery, make improvements to offices or depots, create a cash flow buffer at the start of a new contract, helped fund the acquisition of another company and enabled a successful management buy-out.
Eleanor Russell-Blackburn is one of UTB’s Asset Finance BDMs. Based in the borders she works closely with brokers in Scotland and the North of England and has considerable experience in the refinance sector. In this video Eleanor describes why UTB are an excellent choice of funder for refinance deals and explains why close broker relationships and a lender’s willingness to get under the skin of a deal are often more important than the strength of a customer’s balance sheet.
UTB Refinance
| • Access to specialist underwriters and BDMs with extensive refinance expertise |
| • Broad range of assets considered |
| • Wide variety of rationales supported including growth opportunities, cash injections, MBOs and business acquisitions |
| • No aged asset policy |
| • Negotiable LTVs and flexible terms |