Specialist asset funder joins Ultimate Finance Group
Ultimate Finance has strengthened its asset finance division further with the appointment of specialist lender Andrew Casey.
Having worked at both Lloyds and NatWest in asset finance, he joined Close Brothers printing finance division before moving to Paragon Bank.
Although Andrew has specialist knowledge within the print sector, he has provided asset finance and refinancing solutions across all industry sectors.
From his base in North Lincolnshire he will be covering the East of England from Newcastle down to Norwich.
Andrew joins Ultimate Finance Group as it continues to demonstrate its appetite to lend, having increased its loan book to more than £100m for the first time, representing a rise of 33% in the last 12 months, and attracted a record number of clients, which currently stands at 1800.
Commenting on his new role, Andrew said:
“Having worked in the industry for many years, I admire the ‘can do’ attitude of the Ultimate team. Being an independent lender it is able to adopt a flexible approach and speedy response to SMEs’ cashflow requirements.
“In addition, the fact it now has the financial backing of its parent investment company, Tavistock Group, means it does not have to rely on banks or financial markets for funding, which is a major advantage in these uncertain times. This has led to the record lending levels not only for the group but for the asset division too.”
Delighted to welcome Andrew to the team, managing director of Ultimate Asset Finance, Andy Ribbins, said:
“These are really exciting times for Ultimate and Andrew is a great addition to help us build our presence in the East of England. He joins us with an excellent reputation in the area, amongst SMEs and introducers alike, for excellent service levels and in-depth knowledge of the asset finance market.”