Ultimate Finance

Ultimate Finance celebrates record performance in 2021

Ultimate Finance has revealed it provided its highest-ever total funding advances to clients in 2021, surpassing £1.9bn.

The specialist asset-based lender also saw last year’s overall loan book hit a record high of £280m, and both its asset and bridging finance loan books go over £75m.

During 2021, Ultimate Finance completed over 1,300 new facilities totalling £125m — including £46m in asset finance alone, its best annual performance for new business in this area of lending. 

It also experienced strong client performance across its working capital range, with record levels of invoicing and client retention and a loan book recovery back to pre-Covid levels.

Josh Levy, CEO at Ultimate Finance (pictured above), said: “2021 was a transformational year for Ultimate Finance, regularly beating new business records and setting new high loan book figures at a group and product level. 

“We are proud to work with our valued introducer partners to provide the funding that over 3,000 SMEs need to keep their business moving and look forward to more of the same in 2022. 

“We will continue to focus on providing value-add lending solutions and being recognised as a leading SME lender in each of our product areas, with best-in-class, technology-enabled personal service to clients and introducers as our differentiator to create long-lasting, meaningful relationships. 

“Our achievements in 2021 have been the output of significant hard work from everyone at Ultimate Finance. 

“This year marks our 20th birthday, with over £10bn of funding delivered for SMEs in this time. 

Having secured £220m of new wholesale funding facilities in recent months, we have the firepower, appetite and desire to support even more SMEs with the asset-based lending solutions they need to navigate the many challenges and opportunities that lie ahead.”

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