United Trust Bank provides funding to SME

United Trust Bank (UTB) Asset Finance has agreed to a £900,000 ($1.18m) backing statement with a works prosecute tiny and medium-sized endeavor (SME), aimed astatine enabling the institution to turn its postulation of scissor lifts to code higher lawsuit demand.

The transaction was facilitated by UTB concern improvement manager Kerry Pickering and elder underwriter Rob Irving, who worked alongside the introducing broker acquainted with the slope from erstwhile dealings.

This existing narration reportedly allowed the slope to determination rapidly successful assessing and finalising the agreement, ensuring the financing matched the business’s needs.

Pickering said: “UTB has an appetite for each mode of proposals, from £50k travel deals to analyzable multi-million acquisition and refinances. At UTB we recognize that beardown broker relationships are the cardinal to palmy outcomes, particularly connected larger and much analyzable deals.

“We worth the cognition and skills a broker brings to a transaction and the spot they spot successful america to present a large solution for their customers.”

In August 2025, UTB Asset Finance extended a concern bundle worthy £252,000 (approximately $339,948) to a geospatial mapping company.

The funds volition beryllium utilized for the acquisition of a caller Trimble MX60 Pro mobile mapping system, which features dual spherical and pavement cameras, a accelerated scanner, applicable bundle licences and unit training.

Incorporated successful England successful 1955, United Trust Bank is simply a specializer lender and provides improvement concern to housebuilders successful the SME sector.

In 2001, it was purchased by Anglo-Dutch banking entity Insinger de Beaufort, led by lawman president Graham Davin and CEO Harley Kagan.

A absorption buy-out successful 2004 returned the slope to backstage ownership.

"United Trust Bank provides backing to SME" was primitively created and published by Leasing Life, a GlobalData owned brand.

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