The new facility offers businesses access to up to £3m on a first charge against commercial property, with flexible repayment options including a five-year term on a 15-year amortisation profile and interest-only repayments for the first 12 months.
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Josh Levy, CEO at Ultimate Finance (pictured above), commented: “Through our strong relationships with the broker and advisory market, we are pleased to have enhanced our structured finance offering to enable us to better structure truly tailored asset-based funding with a single point of relationship management to support key business events and growth requirements.
“The flexible nature of the repayment profile of our property loan is something we are confident will prove to be a valuable tool for clients.
“We are committed to having a wide-ranging working capital offering facilities from £100,000 through to £10m, and this new commercial property element has already allowed several businesses to increase their funding facility with us to realise their ambitions.
“Our regional directors and relationship managers around the UK can now work with our partners and clients to support a variety of strategic and transactional requirements.”
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