Asset-based lender Ultimate Finance has announced the appointment of two regional directors to its North West team to support the region through the Covid-19 pandemic and beyond.

The company has hired brothers Stuart and John Davies as regional directors who between them have a combined 23 years’ experience in the asset-based lending space in and around the North West.

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Josh Levy, chief executive at Ultimate Finance, said: “The North West has always been an important region for Ultimate Finance and these two appointments are a testament to our continued commitment to supporting businesses in the area.

“By further strengthening the team with strong local networks and a wealth of experience, Ultimate Finance can keep North West business moving with our flexible funding solutions, in the Covid-19 climate and beyond.

Stuart Davies said: “Ultimate Finance already has a vast network of commercial brokers and introducers and I’m looking forward to using my expertise and contacts to provide even more flexible finance solutions that support business owners’ ambitions in becoming a reality.”

John Davies said: “I’m excited to join Ultimate Finance, as its goal to support more business in the region with its stand-out asset-based lending offering, perfectly aligns with mine.”

Josh Levy is the chief executive of Ultimate Finance Group Ltd.

Ultimate Finance, established in 2001, has offices in Bristol, Manchester, Leeds, Lutterworth and Edinburgh and is part of international private investment company Tavistock Group.  

Tavistock Group was founded by Joe Lewis more than 40 years ago.