Finance Focus – Case Studies

A broker approached United Trust Bank with a re-finance proposal for one of their long established clients, a coach operator. The company offered a number of older coaches, which had little or no finance outstanding on them, as security for a loan to help with the purchase of additional premises as a second base for the…

We were approached by an existing UTB customer looking for a re-finance facility. The funding was to be used for their continued investment in warehousing facilities at their various sites around the country and upgrading was key to their ongoing improvement and expansion plans, enabling them to win new contracts as well as improve service…

A long established group of companies operating in the construction sector needed to raise a significant sum for working capital to fund the initial costs involved in a number of imminent large contracts. The group had major funding already in place via a high street Bank for a number of development projects it was undertaking…

The owner of a long established sole trader haulage business wished to raise additional funds, at short notice, to enable him to put down a larger deposit on a property purchase. We released the equity in one of his existing tractor units to refinance the vehicle, paying off an existing funder in the process. We…

An established haulage company wished to carry out a significant refurbishment of some of its trailer fleet to enable them to be used for a contract for which they required a specific type of trailer. These trailers had originally been funded by United Trust Bank and so, after assessing the additional value the refurbishment would…

We enabled a long-established haulage company to purchase a used trailer fleet from a multi-national group, from whom they were taking over a number of large contracts at short notice. The trailers were specialised and required detailed industry knowledge to properly value and assess the loan requirements. Using our in-house expertise, backed up by our…

A well-established crane hire company wished to refinance a balloon payment due on one of its mobile cranes. The original funder had long since pulled out of the asset finance market, leaving the company with the prospect of having to sell the crane. We were able to quickly carry out a full inspection of the…

We helped a long-established manufacturer of agricultural equipment to develop a new market for its conveyor belt products, which had traditionally been used to handle potatoes and other root crops. The directors had recently diversified into airport baggage handling equipment but the extended product range required further funds. Our knowledge and good experience of the…

An existing customer specialising in haulage was looking to expand its business. A local competitor had recently failed, opening up opportunities that could only be exploited with additional kit. The failed company’s equipment had been repossessed by its asset finance provider and the customer had identified the equipment which would enable it to service specific,…