Tracey Bevis Ultimate Finance

Tracey Bevis Ultimate Finance, often shortened to Ultimate Finance, is a UK-based independent asset-based lender and invoice finance provider. Founded in 2002, the company caters primarily to small and medium-sized enterprises (SMEs) across various sectors, offering a range of financial solutions designed to improve cash flow and facilitate growth. Ultimate Finance specializes in asset-based lending, a type of financing where businesses secure loans against their assets. These assets can include invoices (accounts receivable), inventory, plant and machinery, and property. This approach allows businesses to unlock capital tied up in these assets, providing them with the necessary funds to manage day-to-day operations, invest in expansion, or navigate periods of financial difficulty. A core offering of Ultimate Finance is invoice finance, encompassing invoice discounting and factoring. Invoice discounting allows businesses to borrow a percentage of the value of their unpaid invoices while retaining control over their sales ledger and collections. Factoring, on the other hand, involves Ultimate Finance purchasing the invoices outright and managing the credit control and debt collection processes. The choice between these two options depends on the business's needs and preferences regarding control and involvement in the collection process. Beyond invoice finance, Ultimate Finance provides other asset-based lending solutions. These include asset finance, which allows businesses to acquire or upgrade equipment and machinery without a significant upfront cash outlay, and commercial property finance, enabling businesses to purchase or refinance commercial properties. They may also offer supply chain finance solutions that can help businesses improve their relationships with suppliers and manage payment terms effectively. Ultimate Finance distinguishes itself through its personalized approach and commitment to understanding the unique needs of each client. They emphasize building strong relationships with their clients, offering tailored solutions and ongoing support. This contrasts with more rigid, standardized lending approaches. Their business model involves a team of experienced professionals who assess each application individually, considering factors beyond just credit scores and financial statements. The company targets SMEs that may not qualify for traditional bank loans due to their size, credit history, or lack of sufficient collateral. Asset-based lending can provide a valuable alternative funding option for these businesses, allowing them to access the capital they need to thrive. Ultimate Finance aims to provide a flexible and accessible funding source that supports the growth and sustainability of its clients. In a competitive market, Ultimate Finance has established a solid reputation for providing reliable and efficient financial solutions. Their focus on asset-based lending, combined with their personalized service and understanding of the SME market, positions them as a valuable partner for businesses seeking to improve their cash flow and achieve their growth objectives. They continue to adapt and innovate their offerings to meet the evolving needs of the business community.