United Trust Bank (UTB) Asset Finance was crowned SME Champion at the 20th Leasing Life Awards, 2023.
The Bank’s Asset Finance team won the coveted category following a year of consistent growth and continued support of a wide variety of UK SMEs across many industries from construction to agriculture.
In the same year the Bank successfully replatformed to Alfa Start and subsequently integrated the Lending Metrics Auto Decisioning Platform (ADP) within Alfa. The solution enables automated Know Your Customer (KYC) processing and gives UTB an advanced system for delivering automated underwriting decisions.
Nathan Mollett, Head of Asset Finance at UTB, said: “This award recognises the dedication and hard work shown by the team to deliver record volumes of new business during a period of significant system change and economic volatility.”
“We have continued to support our broker partners as they have sought competitive funding and refinance for their SME customers in difficult market conditions. We encourage brokers to speak directly to our underwriters so that we can make deals work. This approach, coupled with our quick and efficient service and competitive pricing, has made us a funder of choice for many UK brokers and we look forward to building yet more successful relationships and funding even more SMEs in 2024.”