unfollow the crowd

Yes, we expect some of the SMEs we support to have financial anomalies such as losses, insolvent balance sheets or missed payments – we review everything on a case by case basis and take each transaction on it’s own merit.

We understand that some proposals will be for customers that are maxed out with other lenders (even UTB) so can consider customers who are highly geared. We are lending against income generating assets so appreciate that a balance sheet won’t always paint the true picture of how a customer will service their debt.

Yes – this is something we encourage. We want our brokers to have strong relationships with the whole team, not just their account manager.

No, though we will want the support of a directors guarantee where there are perhaps financial anomalies. We will also want any guarantees to be from homeowners.

No – we have clearly defined lending guidelines, a separate team of underwriters, and a separate sales team who are highly experienced in lending in this part of the market. We have the benefit of being backed by UTB which is a brand already known and trusted – this will allow us to scale our business and proposition by utilising existing systems & funding.