United Trust Bank (UTB) Asset Finance has provided a £900,000 facility to a plant hire SME to fund the expansion of its scissor lift fleet in response to rising customer demand.
The deal reflects the bank’s ongoing commitment to supporting UK businesses through tailored asset finance solutions.
The transaction was led by UTB relationship manager Kerry Pickering and senior underwriter Rob Irving, who worked closely with the introducing broker to deliver a bespoke, high-value funding package.
The team’s close collaboration with the broker allowed UTB to move swiftly, providing early assurance and completing the deal efficiently to meet the customer’s operational needs.
The strong partnership between UTB and the broker, built over several years of successful collaboration, was key to the speed and precision of the agreement.
The bank’s streamlined underwriting process enabled it to quickly provide a solution that aligned with the client’s growth plans.
Kerry Pickering, business development manager – asset finance at United Trust Bank, said: “UTB has an appetite for all manner of proposals, from £50k flow deals to complex £multi-million acquisition and refinances.
“At UTB we understand that strong broker relationships are the key to successful outcomes, especially on larger and more complex deals.
“We value the knowledge and skills a broker brings to a transaction and the trust they place in us to deliver a great solution for their customers.”
