For more than 17 years, Ultimate Finance has been supporting thousands of small and large businesses with an extensive range of specialist loans. To date, the company has issued loans with a total value in excess of £5 billion for a wide variety of purposes. Considered one of the more experienced specialist lenders in the UK, Ultimate Finance has a reputation for outperforming many competitors where convenience and cost-effectiveness are concerned.
Today, Ultimate Finance offers an extensive portfolio of bridging loans, secure property loans, simple online cash advances, hire purchase agreements and bespoke end-to-end supply chain solutions. Bridging loans are lent against commercial, semi-commercial and commercial properties, along with land with suitable planning permission. Loan amounts vary from £50,000 up to a maximum of £1.5 million at an upper-limit LTV of 75%. Ultimate Finance advertises its base interest rate as starting from 0.95% per month, along with a 1.5% setup fee (or £1,000 – whichever is greater).
Quotations and initial decisions are typically returned within 1 hour, after which Ultimate Finance is able to transfer the funds required within a week of the application’s submission. Loans can be repaid in one lump sum at a later date, or over a series of monthly repayments at an agreed rate of interest.
Here a UK Property Finance, we’ve been working closely with established lenders like Ultimate Finance since our first day in business. We go the extra mile for our clients, comparing deals from dozens of bridging finance specialists from our extensive network of third-party providers. This way, we’re able to deliver on every client’s needs with an accessible bridging loan.
Comparing Monthly Bridging Loan Interest Rate To Ultimate Finance
Based on a loan of £100,000.
|Ultimate Finance 0.95%||£950|
|Monthly Saving with BL.co.uk||£520|
Ultimate Finance Details
Phone Number: 01454 207 050
Email Address: Submit via https://www.ultimatefinance.co.uk/contact-us/
Business Address: Equinox North, Great Park Road, Bradley Stoke, Bristol, BS32 4QL