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Supporting businesses through Coronavirus disruption

26-03-2020|Ultimate Finance

The Funding Partner of Choice

As contingency measures to combat the continued spread of coronavirus advance, we want to assure you that Ultimate Finance is here to support businesses throughout these challenging economic circumstances. Continuing to support our clients and introducers throughout this period is our top priority alongside the health and wellbeing of our employees.

If supply chain issues and / or reduced business activity may be impacting cashflow, please speak to us and we can look at what we can do to assist. As well as supporting a business’ cashflow, we also offer debtor protection to protect against the possibility of non-payment of invoices.

UPDATE:  We are now an accredited lender under the Government’s Coronavirus Business Interruption Loan Scheme for term loans. See how we can assist you under the CBILS initiative.

Be Informed

There is a whole host of excellent resources available to support your staff, clients and supply chain. We recommend being aware of and following the COVID-19: guidance for employers and businesses from the Government. This guidance will assist employers and businesses in providing advice to staff on COVID-19 related issues with information about the financial support the Government have put in place to support businesses.

Business continuity measures and staying in touch

Our staff will be working remotely for the foreseeable future in line with Government advice but this transition will not impact our usual levels of service or our ability to provide the support or funding through your existing facility.

As all travel is deemed to be non-essential, we are holding client meetings via Microsoft Teams video conferencing where possible.

From a funding perspective, we have two strong and considerable sources of capital – wholesale bank funding and long-term permanent capital from our shareholder, Tavistock Group. We are in a strong position to continue to support businesses throughout this period.

At Ultimate Finance our commitment to the continued health and welfare of our employees is paramount, and our top priority is to live up to our promise to ‘keep business moving’ and continuing to deliver the excellent level of service our clients and introducers have come to expect.

Our model of local teams and quick decisions is a massive benefit in times like this. We’re here to support our clients and introducers, so meetings will continue as normal, especially where we are proactively supporting businesses through these circumstances, using Teams conferencing technology whilst face to face meetings are not permitted.

We are here to provide support to keep your business moving. Please get in touch to discuss any support you may need at this time.

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Let’s get things moving

If you would like to talk to us about any funding needs, call us on 0800 121 7757, register as an Introducer or request a quote for your business today