Asset-based lender Ultimate Finance announced an increase to its maximum invoice finance facility size from £7 million to £10 million as it targets growth.
The increase follows recent investment in pricing and an improved cashflow loan size, both of which have been well received. This latest enhancement in its working capital offering, will allow the company to continue to build a presence in the market for larger deals and ensure it has a competitive, distinct and wide-ranging solution offering.
Ultimate Finance CEO Josh Levy commented: “It has been a strong start to 2025, and we are pleased to have completed on 60 working capital deals in the first five months. April and May represented our highest single months in the last five years for new deal numbers and deal value, respectively, and this momentum shows no sign of slowing down. With our average client retention now at eight years, the increase enables us to further support those clients with their growth ambitions and deliver on our mission to provide more cashflow than ever before to new and existing clients.
“Our incredible Working Capital NPS of 91 is testament to the excellent service we provide, and I am confident that this increase along with our commitment to delivering tailored asset-based lending solutions through a high-quality personalised service model will ensure we achieve our growth ambitions.”
