Turning plant into purchase power
A UK civil engineering business was progressing a time-critical acquisition as part of an ongoing programme to expand its portfolio across multiple sectors. To support the purchase, the business needed to release liquidity quickly without disrupting day-to-day operations.
Valued introducer Andy Thrower (Vaughans – The Broker Network) brought Ultimate Finance on board to structure an Asset Finance solution that could move at pace and handle the complexity of refinancing a large number of assets.
Jamie Glenn, Regional Director at Ultimate Finance, worked closely with Andy and the wider team to keep the transaction moving, helping to balance speed with the careful review needed on a complex multi-asset refinance.
Complex refinance on a tight timetable
The requirement was clear: refinance a broad portfolio of plant and machinery to generate the funding headroom needed for the acquisition – and do it within a very short timeframe.
With multiple assets involved, the business needed a lender that could take a tailored approach to valuation, stay close to the detail, and keep the process moving from start to finish.
Commercial approach. Clear communication
“When tasked with a significant refinance involving a large number of assets to facilitate an acquisition in a very short time frame, Ultimate Finance delivered.”
Andy Thrower | Introducer | Vaughans – The Broker Network
“I was impressed with Jamie and the team’s willingness to prioritise the transaction to go through the necessary process whilst remaining commercial at all times. The communication was clear and they showed understanding on how to deliver one of the more complex transactions in Asset Finance.”
“This was a strong example of what can be achieved when a quality introduction is matched by a responsive funding partner. Andy gave us a well-structured proposition, supported by clear documentation and the detail we needed to assess the opportunity quickly.
Jamie Glenn | Regional Director, Ultimate Finance
“That level of preparation made a real difference – alongside delivering an asset inspection over the weekend – enabled us to keep momentum in a time-critical transaction and deliver the £1.3m funding required within the client’s timeframe.”
How we worked:
We delivered a £1.3m Asset Finance (refinance) facility over five years, secured against a range of plant and machinery.
The facility provided:
- Liquidity to support the acquisition funding strategy
- A practical structure aligned to the asset base being refinanced
- A responsive, relationship-led approach to keep a complex, multi-asset deal moving.
Growth plans protected
With the refinance complete, the business was able to release capital from its existing plant and machinery and maintain momentum on a time-sensitive acquisition.
Our pragmatic approach to valuations, combined with proactive case management and clear communication, helped deliver certainty: supporting the wider programme of acquisition-led growth.
