West Yorkshire based Asset Finance specialist, Ultimate Funding Solutions celebrated their first year trading - with a strong end to their first year trading. Furthermore all signs point to a bright future.
The business born in the midst of the pandemic has experienced unusual trading conditions. At a time when businesses shifted focus from expansion to survival, and investment in capital equipment was on hold, the business has continued to support SME’s utilising The Bounce Back Loans (BBL) and CBILS, in addition to their regular Asset Finance offering.
Director Paul Stamp: “It’s been challenging and uncertain times for businesses and we’re fortunate we’ve been able to provide a financial lifeline to many businesses.”
Now the schemes have ended, the business has experienced an increase in demand for Asset Finance, supporting a range of businesses encompassing assets such as Material Handling and catering equipment.
Fellow director Sam Peel: “We’ve supported newly incorporated and established businesses and this has made a real difference to those businesses.”
With their first year under their belt, and demand increasing, as well as further expansion planned, the outlook for this Asset finance brokerage certainly looks positive.