UTB funds accountants’ accquistion

UTB funds accountants’ accquistion

United Trust Bank’s Professional Lending department was recently asked to consider a proposal for a family-owned chartered accountancy firm. The company wanted to establish a wider presence and reduce competition in their area,

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Giving back to the community

Giving back to the community

United Trust Bank was approached to assist with the redevelopment of an existing Social Club in to a mixed use residential led scheme including a new social club with adjoining office space and 18 brand new apartments in the upper parts.

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£1m bridging loan solves a Section 106 problem

£1m bridging loan solves a Section 106 problem

United Trust Bank was approached to provide a bridging loan which would ultimately enable the borrowers to complete the sale of their property with the benefit of planning consent for a development of 28 new homes.

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Flexible PII funding suits a smaller law firm

Flexible PII funding suits a smaller law firm

Professional Indemnity Insurance can be one of the largest single payment obligations for a professional practice each year, so trying to secure the most cost-effective cover is the first hurdle for many firms.

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Second charge loan gets borrowers shaken and stirred

Second charge loan gets borrowers shaken and stirred

The second charge market continues to grow and secured loans are being employed for an increasingly varied range of uses. United Trust Bank (UTB) recently completed a £105,000 second charge loan for a married couple who wished to purchase a cocktail bar and wine business close to where they live in Central London.

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