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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Bristol financial firm provides £1bn to SMEs in first half of 2022

A Bristol-based financial services company has said it has provided more than £1bn to SMEs in the first half of this year.

Ultimate Finance, a specialist asset-based lender headquartered in Bradley Stoke, said it had built on its previous, record-breaking year during which it delivered its highest ever total funding advances to clients of £1.9bn.

Figures newly released by the company, which is marking its 20th year of trading, showed it had supported firms’ growth and investment plans with more than 750 funding facilities.

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