United Trust Bank has announced a new pricing structure for asset finance lending starting at just 8.0% net. The new pricing structure will provide broker partners with a wider range of lending options when offering asset financing solutions to customers.
Earlier this year, United Trust Bank revealed that it was planning to further develop its specialist asset finance business by increasing the range of assets it would consider funding. The Bank will now finance most wheeled and tracked assets. The Bank’s service is built on sector expertise, local market knowledge and flexible finance solutions. Our broker partners appreciate the direct access to decision makers and the first class individual service provided.
Revealing these competitive rates is a further sign that UTB intends to compete for its share of prime asset finance business.
Martin Nixon, Head of Asset Finance at United Trust Bank said;
“United Trust Bank has run a successful asset finance business for many years providing an excellent service to our broker partners. These new rates will give brokers even more choice when placing prime business secured against a wide variety of wheeled and tracked assets. Combined with our highly personal approach to underwriting and case management we believe UTB offers a proposition which brokers will find extremely compelling.”