UK asset finance lender Ultimate Asset Finance has grown this year, following Ultimate’s acquisition by Tavistock Group in July, and plans are underway to further increase the team by recruiting an additional five sales people and another two support staff.
In the last 12 months, four staff have already joined managing director, Andy Ribbins.
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The sales team now covers the whole of the UK, with regional directors Duncan Baxter, Colin Chastey and Simon Moult responsible for sales in the North, South and Midlands respectively while Simon Gregory has been appointed as operations manager.
Ultimate Asset Finance has relocated to larger offices in Lutterworth, near Leicester.
The recruitment drive and relocation is underpinned by an ability to lend significantly more to existing and new customers and the portfolio of funding solutions has been widened to include a range of lease and hire purchase solutions.
Ribbins said: "Duncan Baxter, Colin Chastey and Simon Moult are highly respected sales professionals who have an excellent reputation in the industry. They have already introduced a variety of clients to the company, across a range of industry sectors, and are driving our ambition to deliver class leading solutions to the UK’s SMEs.
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By GlobalData"Simon Gregory is supporting the sales drive ensuring that our expanded client base continues to enjoy the excellent customer service for which Ultimate is renowned.
At the same time, we now have direct access to the substantial resources of the Tavistock Group, which has significantly increased our funding capability and means we can provide greater flexibility and faster turnaround for those SMEs requiring funding.
"These are incredibly exciting times for Ultimate Finance Group and the Asset Finance Division as we continue to support the UK’s growing and successful businesses and provide a flexible, responsive and credible alternative to traditional sources of funding."
