Ultimate Finance hires two new regional directors in the Midlands

Specialist asset-based lender Ultimate Finance has today announced the appointment of Eric De Armitt and Kieran Ryan as regional directors to further strengthen its presence in the Midlands.

Eric has over 20 years’ experience in asset-based lending and has been supporting Midlands based businesses with tailored working capital facilities that have allowed them to harness their growth potential, whilst Kieran has been working in the property finance sector for the last 5 years with experience in underwriting and more recently as a broker to help developers find the funding they need to keep their businesses moving.

Speaking about his new role Eric said “I am looking forward to this opportunity, joining the growing sales team at Ultimate Finance. They have a brilliant track record, and it is clear to see they genuinely want to be the Funding Partner of Choice. There is a real need at this time for funding that truly meets a business’ requirements and the product range I can now offer coupled with Ultimate Finance’s reputation for outstanding service will stand me in good stead with my introducers and clients alike.”

Kieran adds “It is an exciting time to be joining the team at Ultimate Finance as they announce strong half year results and continue to expand their reach and grow their broker network. I am looking forward to helping them on their mission to support even more SMEs with the asset-based lending solutions including Bridging Finance that they need to navigate the many challenges and opportunities that lie ahead”.

Group sales director Andy Ribbins commented “I am delighted to welcome Eric and Kieran  to our team on the back of an extremely successful first half of the year. With our desire to support more SMEs with much needed access to liquidity our recent increase in funding lines across all our products and their strong network and experience in the region, we have expanded our capacity  to support even more introducers and their clients

2022 marks the lenders 20th birthday with over £10bn of funding delivered for SMEs in this time. Having secured £220m of new wholesale funding facilities in recent months, the funder has the firepower, appetite, and desire to support even more SMEs with the asset-based lending solutions they need to navigate the many challenges and opportunities that lie ahead.