United Trust Bank launches deposits proposition for early-stage businesses
The new offering is aimed at companies that have completed, or are preparing for, funding rounds.
United Trust Bank (UTB) has launched a specialist deposits proposition designed to support innovative and early-stage businesses as they raise funding and scale for growth.
The new offering is aimed at companies that have completed, or are preparing for, funding rounds, with a focus on helping founders and investors maximise the value and longevity of their capital.
The proposition is led by Matthew Manning, senior business development manager – deposits, who joined UTB in January 2026.
Manning has more than 14 years’ experience supporting early-stage and growth businesses across the Cambridge innovation sector.
UTB said the proposition combines competitive deposit accounts with a relationship-led funds management service tailored to founders, entrepreneurs and innovation-led businesses.
The lender expects to complete customer onboarding in around three working days on average, which it said is significantly faster than many business banking providers.
Each client will have a dedicated relationship manager, providing support on rate changes, cash runway planning and deposit management as businesses progress through funding rounds.
UTB said the proposition has also been designed to simplify banking during periods of shareholder and ownership changes, reducing the administrative burden for businesses without dedicated finance teams.
Matthew Manning, senior business development manager – deposits at United Trust Bank, said: “Founders and innovators should be focused on building their businesses, developing products and securing growth — not spending valuable time navigating complicated banking administration.
“I’ve seen first-hand how proactive cashflow and deposit support, aligned directly to funding cycles, can make a meaningful difference for both founders and investors.
“UTB has a strong track record of delivering specialist banking solutions through experienced people and strong relationships.
“This new proposition reflects our commitment to supporting ambitious businesses with practical, responsive banking designed around their needs.”
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