The funding was over 48 months with a £61,000 balloon payment. The proposal came from Vehicle and Asset Finance Ltd who regularly transact business with UTB but was the first proposal received from this individual at the brokerage.
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United Trust Bank’s Asset Finance division has a strong track record of funding and refinancing some very desirable cars as well as the buses,
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It’s not unusual when a broker is starting a relationship with a new lender, for them to initially give them some smaller deals to test the water before moving on to proposals for some bigger ticket items.
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BDM Klara Hanrahan was approached by a broker assisting a company in releasing capital from some of its existing assets. The customer,
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Although funder case studies tend to focus on unusual assets or deals which needed something extra to get them over the line,
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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.
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Klara Hanrahan, one of UTB’s dedicated Asset Finance BDMs, was determined to show a successful East Anglian brokerage what a great service the Bank could offer them and their clients.
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UTB’s Asset Finance team was approached by a specialist broker who was representing a client wishing to fund the purchase of some high-end media equipment.
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