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 on a Friday afternoon and the deal was submitted to UTB over the weekend. An asset inspection was carried out on Monday morning and with proof of title supplied the transaction was accepted the same day. The deal was signed up and paid out on the Tuesday and the customer collected the vehicles on the Wednesday.
Eric Torjussen, of Business Finance & Leasing, said: “I regularly place deals with UTB and this case is an excellent example of why. The whole transaction proceeded quickly and smoothly giving my client the funding he needed, when he needed it. UTB were fast and efficient from start to finish.”