The company was founded by the directors who have gained over 20 years experience within the financial services sector. Over this period they have developed many long standing relationships with all the key lenders, both mainstream and specialist as well as with their long standing clients. Furthermore they understand the challenges many businesses face to secure the funding they need .
We understand that securing finance either for your business, or to offer to your customers, can be daunting. This is why we focus on keeping it simple. With our considerabl experience of creating, growing and financing business, we utilise our knowledge to ensure the right finance solution for you or your customers..
We can provide the right solution to enable each business to achieve its growth objectives. Thanks to our access to many of the top lenders we have been able to successfully fund business equipment purchases for a wide range of businesses of all types and sizes. We are committed to help small and medium sized businesses accelerate their growth plans to reach their potential. If you are an SME looking for a business loan or interested in providing finance to your customers, we make the whole process straightforward.
We have over 20 years experience of supporting UK SME’s with their funding requirements. To help you we have outlined a list of frequently asked questions which may be useful:
A small independent brewery who were experiencing significant growth and demand for their product were investing into new equipment. This was to double their current production capability. The finance product was tailored to their cashflow requirements with the term of the finance over 5 years. This helped ensure retaining vital funds in the business so cashflow was not impacted.
A Facilities Management (FM) company based in the Capital had secured a new contract and they required equipment to service this. This lease was to enable them the invest in the cleaning equipment to be used to fulfill this particular contract – even more important as this was a new contract for them.
An Engineering business specializing in Civil Engineering and construction were investing in a range of cleaning equipment. The business were to keen to preserve cashflow for upcoming projects and therefore proceeded with a finance option.
A substantial investment for this Manufacturing business with a range of Materials Handling equipment (Fork Lifts / Power Pallet Trucks) Over a 5 year term, this was documented as an operating lease. The equipment was essential to the business as it was replacing and enhancing their existing fleet of trucks.
A brand new vehicle conversion business were requiring some tools / machinery essential for the business. However with cashflow extremely tight, the directors didn’t believe they would be able to obtain finance. However we managed to secure funding to ensure they were able to acquire the equipment. Pleased to say the directors were overjoyed as they didn’t believe it was possible due to minimal trading history. Furthermore there was no deposit required, it was simply put on a 3 year finance term. A happy customer.
If you believe that people deal with people then Ultimate Funding Solutions is the right business for you.
We work with most businesses across various industries. From new to established businesses - Our services are tailored to individual requirements.
The minimum amount is £1,000 although options are limited. Typically finance is for £5,000 upwards.
The term can vary and is dependent upon the type of finance required, but the range is typically from 3 months to 10 years.
A nominal amount is required in advance of the lease agreement. This is usually equivalent to a periodic payment and means you can start using the equipment straight away and generating profit from it before the next payment is due. With hire purchase agreements, VAT must also be paid upfront.
Your payments are fixed and are therefore unaffected by interest rate rises. They would be subject to any changes in VAT.
This refers to a range of finance products which are designed to help businesses with their funding needs. This includes a range of finance products including: Business Loans, Asset Finance and other solutions.
Working with you, we provide a range of funding solutions for a wide range of business types, from newly established business to more established businesses. Whatever the reasoning for funding, we are able to provide a variety of options.
In most circumstances, we require business accounts, bank statements, and an understanding of the rationale for the funding. Additional information may be required, depending on several factors including the type of finance required.
Yes, all finance lease rental payments are tax deductible against profits, therefore attract tax relief for the full duration of the lease agreement. Contact your accountant to find out how this can reduce your overall tax bill. In the case of hire purchase, the lessee (you) can claim full capital allowances on the full value of the asset from day one, which can then be used to reduce taxable profits and in turn any resulting corporation tax liability/payment.
Direct Debit is the method of repayment.
Yes, we are able to arrange finance for software. Leasing software does not require having to pay a large upfront cost, such as buying the license outright.
In order to do regulated business you will need to be regulated by the Financial Conduct Authority. Visit the FCA website for more information on this matter.
Selling on lease provides your customers an alternative way to finance equipment. There are many benefits for both you and your customer for using leasing
They are not always required although this is dependent upon many factors including the finance product. Personal guarantees are often required for business loans as the there are no assets involved.
We do not charge you a fee for our services. We receive commission from our lenders, the amount of which varies from each individual lender. We will only earn commission should an application be successful and is completed. The exact amount of commission we earn will be clearly stipulated to you.
