Open for Business
Whilst other banks are closing their doors, for us it's very much "business as usual".
Established almost 25 years ago, we have had a commercial presence from the early days, but this has grown significantly in recent years as we have developed a quality portfolio of secured loans to owner-occupiers and professional property investors.
Whilst other banks are closing their doors, for us it’s very much “business as usual”, and we are actively looking to grow our lending business. This is largely because, having avoided many of the more risky adventures of the high street banks in recent years, we
are well placed to ride out any potential recession.
For us, that new business will typically range from owner-managers to multi-million pound companies, for whom we can not only facilitate their lending requirements but also meet all their banking needs. Not only that, but the type and level of our customer service has led to us being voted top bank for service in each of the last four years, measured against all of the high street banks.
Being a boutique bank, we are able to offer tailored solutions to individual customers unique to their business proposition. This might include capital and interest holidays, split terms and one-to-one management support before, during and after purchase.
When it comes to pricing, we still price against base rate, although if Libor pricing is preferred, it can be arranged. Our margins usually vary between 1.5% and 2%, dependant on proposition, and we will certainly aim to be competitive in the market.
We pride ourselves on the quality of our deals, which have been based on dealing with owner managers, or experienced operators who can demonstrate success or display the skills necessary to own and manage a successful business. We have also been successful in developing a leisure and healthcare portfolio, and we are willing to look at most opportunities, providing the business is responsibly managed, both financially and socially. We tend to stay away from agriculture and residential property lending.
We have developed some strong relationships and professional introducers, being a founder member of the NACFB, and we are always keen to welcome new introducers in to the fold. You’ll find us approachable, flexible and responsive to your needs, as agreeing a new proposition is of little benefit if it does not end up as a loan on our books.
To learn more please contact a member of our commercial team by phone on 0207 436 6030 or by email at commercial@unity.co.uk.
