Ultimate Finance has been awarded Best Trade Finance Company at the Trade Finance Global’s International Trade Awards.
The TFG Awards are presented each year, recognising businesses in the structured trade and commodity finance space, as well as invoice and trade finance, and those ancillary services facilitating trade. The International Trade Awards are totally independent, and judged by a panel of leading experts.
Vince Tovey, Head of Trade at Ultimate Finance said: “We are delighted to receive this accolade, which is testament to our continued investment in our Trade Finance product and commitment to high levels of customer service.”
“2017 has seen a nervousness among importers brought about by Brexit and the subsequent weakening of the pound against the euro and US dollar which has provided challenges for importers looking to maintain a healthy margin.”
“We have worked hard to address this by continually investing in and improving our traditional Trade Finance and Invoice Finance offerings – where we can provide funding lines up to £5M –as well as offering a range of innovative, products that can work in tandem with these core offers. “
“This demonstrates our willingness to support SMEs who are looking for an alternative to their current facilities and for a solution that can be a little more creative and fit their cashflow requirements in a more dynamic way.”
“Key to making this strategy a success is our staff; we have a bespoke team of Trade Finance experts who manage the entire relationship and work alongside the client for a personalised service that suits their individual business need. 2018 will see Ultimate Finance increasing its market share within the Trade Finance sector as we build on the good work we have done in 2017.”
James Sinclair, Trade Finance Global editor said: “We were proud to nominate fintechs and disruptors who are using technology to accelerate the use of paperless trade, automation and eKYC. It’s been a pleasure for the judging panel reading independent reviews, talking to experts in the sector, and reviewing websites.”