The Ultimate Blog

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Ultimate 20 January 2017

Ultimate growth for SME finance company

Four new recruits to leadership team as the business sets its sights on a strong 2017

January 2017 – Ultimate Finance Group, a leading independent provider of finance to UK business, has announced four new senior appointments across the business, further strengthening its leadership team following a record year of growth in 2016.

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Ultimate 19 January 2017

Six new year resolutions for the ambitious business

The start of a new year is a great time to make some fresh resolutions – especially if you are running a business.  In this post we give you a few ideas about where you might want to direct your focus over the coming months, as well as some tips on how our range of cashflow solutions, short term business loans, asset finance products and trade finance facilities can smooth your progress.

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Ultimate 10 January 2017

Prepare for the next industrial revolution – with the help of flexible finance

What has UK business got to look forward to in 2017?  Most of the focus seems to be on situations being created by politicians.  What can we expect once the Brexit negotiations get underway and how will things change once Donald Trump is inaugurated later this month?  However, it’s the techies we need to watch out for.  In the next few years we’ll see a number of innovations that will totally change the way we work.  This has profound implications for industry as a whole, but will be especially destabilising for the transport, recruitment and manufacturing sectors.  How can you prepare?  You’ll need to be nimble.  And that means having access to flexible forms of finance.

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Ultimate 05 January 2017

Ultimate Finance continues Manchester office expansion

The Manchester office of Ultimate Finance is continuing to build on its success with yet another senior appointment, as Samantha Wilson joins as regional director

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Ultimate 15 December 2016

Latest ABFA Statistics for Q3 2016

Alternative finance available through ‘asset based lending’ jumps to £4.3 billion – helping UK businesses combat shortage of funding.

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Ultimate 12 December 2016

Cloud accounting for smarter cashflow management

One of the biggest challenges facing a small or medium sized business is cashflow.  It’s a constant juggling act to get the money coming in fast enough to keep pace with all the outgoings.  This is especially awkward when demand for your products and services is seasonal and income takes a dip.  It’s also very challenging when demand picks up, because you’ll have to find extra funds to invest in more staff, more stock or raw materials and more machinery and vehicles.   In other words there is never a time when you can afford to take your eye off the situation!

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Ultimate 07 December 2016

Business growth being hampered by lack of suitable finance?

What are the fastest growing sectors of the British economy?  And if your business is growing rapidly how can we provide access to cashflow solutions and funding support that will allow your expansion to proceed apace?  At Ultimate Finance we offer everything from invoice finance to short term business loans and trade finance to asset finance, as well as specialist lending services for those in the recruitment and construction industries- so we have no shortage of options, plus ample funds!  In this article we look at two of our most popular solutions, invoice finance and asset finance.

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Ultimate 05 December 2016

Ultimate Finance continues to build strong team in the South East

Ultimate Finance, which provides cashflow solutions to SMEs, has increased its presence in the South East with the appointment of Iain Hendry as regional director.

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Ultimate 29 November 2016

Leicester recruitment company’s success creates new jobs and branch expansion

Leicester-based Accept Recruitment, which supplies temporary staff for transport and industrial companies, is on target to grow its turnover to £2.5m having started from scratch only 18 months ago.

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Ultimate 25 November 2016

Is the Autumn Statement good news for your business?

What does the recent Autumn Statement from The Chancellor means for the nation’s SMEs?  Some sectors are likely to gain, whilst others will feel some pain.  Whichever category you fall into we can help you make the best of things with our range of asset finance, invoice finance and trade finance products as well as through short term business loans and specialist funding for companies in the construction and recruitment sectors.

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Ultimate 16 November 2016

Ultimate Finance supports government in drive to give SMEs better access to finance

For years we’ve been saying that the UK’s SMEs are underserved by the major banks.  We’ve also argued that better access to finance would not only help the more than five million companies with less than 250 employees but give the whole economy a much needed boost. With this in mind we’ve been closely monitoring the development of what has been described as The Bank Referral Scheme.  We’re pleased to report that this eventually came into effect on November 1st 2016 and we’re confident it will make it easier for UK businesses to get the funds they need.

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Ultimate 10 November 2016

Late payment – problems and solutions

Late payments play havoc with a company’s cashflow – and the problem is especially worrying for smaller businesses who may have fewer reserves of working capital and fewer people to go about chasing up clients who are dragging their feet.  In this post we take a closer look at the current situation in the UK economy and suggest some ways you can minimise the adverse impact – including cashflow solutions such as invoice finance.

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Ultimate 07 November 2016

Utimate Finance continues to expand in Manchester with another key appointment

The Manchester office of Ultimate Finance is building on the success in the North West region over the last year with a further senior appointment, having added six to the team so far this year.

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Ultimate 31 October 2016

The overdraft is becoming an endangered species

There was a time when the overdraft was the funding option of choice for small and medium sized businesses - but that is no longer the case.  Back in December last year we reported that overdrafts had been overtaken by invoice finance in the popularity stakes.  This trend is continuing with figures released in March 2016 showing that UK SMEs were borrowing £12.1 billion through bank overdrafts, a fall of 13 per cent compared to nearly £14 billion at the end of September 2014.  Looking back further still the value of bank overdrafts to small businesses has fallen 42 per cent over the past five years, down from £20.9 billion in April 2011.

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Ultimate 28 October 2016

How to survive meetings and look smart at the same time – ten great tips

Hands up who enjoys boring business meetings?  Right…that’s nobody.  But meetings are a necessary evil – so you’d better get used to them.  Even better, why not learn a few tricks that you can have some fun with, and which will make you look really smart too?!  We’re a bit “off topic” here – our speciality is business financing, and stuff like business loans, invoice finance, asset finance, recruitment finance, construction finance and trade finance.  But we also like sharing things that you might find useful in other ways, especially if they’ll put a smile on your face too.

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Ultimate 27 October 2016

Ultimate Finance builds on success in Manchester with senior appointment

Ultimate Finance has appointed Vince Tovey as National Head of Sales for Trade Finance along with responsibility for the Invoice Finance sales team based in the Manchester office.

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Ultimate 21 October 2016

Coach operator one of the first in the UK to take delivery of ultra-modern double decker

Liverpool-based Aintree Coachline has become one of the first coach companies in the UK to take delivery of a high specification 98-seat double decker BCI Enterprise bus.

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Ultimate 20 October 2016

New finance guide to help British businesses get the help they need

Cashflow and working capital are the lifeblood of any business.  But if your cashflow is too slow, and your reserves of working capital are too low, where do you turn for help and advice?  At Ultimate Finance we specialise in helping businesses overcome these challenges with a broad range of cashflow and funding solutions that include short term business loans, invoice finance, asset finance, trade finance and niche solutions for specific industries such as construction and recruitment.  We also provide a wealth of information that business people, many of whom are not financial experts, find invaluable.  With this in mind we’d like to share with you a new digital guide to business finance that has recently been launched – hopefully you’ll find it useful.

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Ultimate 18 October 2016

Asset Finance specialist joins Ultimate Finance

Ultimate Finance has appointed Neil Curtis as regional director of Asset Finance for its Bristol office.                                                                                                                                                                                                                                                

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Ultimate 14 October 2016

Speaking your language – how we’re making our services easier to understand

At Ultimate Finance we’re constantly looking for better ways to harness new technologies that enable us to provide improved services to our clients.  Part of this involves updating our website and other communications channels to make it easier for businesses to access the information we provide around funding and cashflow solutions, asset finance, recruitment finance, construction finance, trade finance and short term business loans. 

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Ultimate 11 October 2016

How to beat the fraudsters who target your business

How would you feel if a member of your staff unwittingly gave away your company’s cash to a fraudster?  Not good!  This very unpleasant situation, however, is becoming increasingly common.  In this post we reveal some of the scams to look out for and suggest ways to protect against the latest threats.  While we specialise in providing cashflow solutions such as invoice finance, asset finance, construction finance, recruitment finance and short term commercial loans we also do our best to share other ideas that can help UK businesses.

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Ultimate 10 October 2016

Winter Winners from Ultimate Finance - Terms and Conditions

Refer a new piece of business to us in October, November or December and if the company become a client before the end of the year we’ll pay you an additional bonus of up to £1,000 per client. 

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Ultimate 07 October 2016

Ultimate Finance makes senior appointment in Leeds

The Leeds office of Ultimate Finance has appointed Jamie Hunt as a regional director.

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Ultimate 28 September 2016

Computer say “goodbye” – how to recycle your redundant IT equipment responsibly

When you upgrade your IT systems there’s an understandable tendency to get rid of the old stuff without giving the matter much thought.  This is not a good idea – for a lot of very good reasons.  Although Ultimate Finance’s main focus is on providing you with business financing solutions such invoice finance, asset finance, construction finance, recruitment finance and short term business loans we’d hate to see our clients come to grief over something as silly as a redundant laptop or a few old PCs.  So here are some things to bear in mind when it comes to protecting yourself from criminals and regulators.

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Ultimate 15 September 2016

Ultimate Finance’s funding support leads to royal recognition for male grooming products firm

A father and son partnership, which started a brand of men’s grooming products from scratch, has recognised the important role Ultimate Finance played in helping them receive an award from the Queen in recognition of their export success.

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Ultimate 14 September 2016

Specialist asset funder joins Ultimate Finance Group

Ultimate Finance has strengthened its asset finance division further with the appointment of specialist lender Andrew Casey.

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Ultimate 13 September 2016

Something to smile about on the tax front – HMRC is listening to business

Here’s an idea for you – instead of the annual business tax return how would you like to do four, with one every quarter?  Huge numbers of businesses, unsurprisingly, replied “No thanks!”  The suggestion, first mooted in 2015 as part of HMRC’s “Making Tax Digital” proposals, was met with howls of outrage.  The good news, however, is that you’ll probably be exempt. 

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Ultimate 07 September 2016

Itchy feet - 6 ways to avoid losing your best staff

We’ve had the August Bank Holiday, the kids are back at school and business is returning to normal.  The only problem is that some staff may have used their summer break to assess their career options and are now raring to go – as in leave!  In this post we explore some of the strategies that employers can use to help overcome the back to work blues and make sure that key workers don’t go looking for pastures new.  Although we specialise in providing cashflow solutions such as invoice finance, asset finance, construction finance, recruitment finance and short term business loans we also do our best to share other ideas that can help UK businesses.

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Ultimate 05 September 2016

Latest Statistics from the ABFA

UK businesses secure record amount through invoice finance – breaks £20bn barrier for first time

 - Record figure driven by 18% rise in big business usage – now hits £6.9bn

 - Concerns over Brexit raises importance of diversifying funding sources

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Ultimate 31 August 2016

Thanks for your support in helping us to reach a new high

Last month we were delighted to announce that our total loan book to SMEs had exceeded £100 million for the first time – an increase of more than 30 percent in 12 months.

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