Ultimate Finance is a specialist, asset-based lender based in the UK that was founded in 2002. The lender specialises in supporting business financing through several financial products, such as bridging loans.

With more than 20 years of experience, Ultimate Finance is a trusted lender, with a track record of £10bn in funding.

In this review, I will take a closer look at their key loan features, eligibility criteria, application process, rates and reviews to help you decide if they are the right lender for your business needs. I will particularly be focussing on UF’s bridging loan products.

Visit Website
  • Rates
  • Range of Finance Options
  • Loan Size
  • Application Process
  • Customer Service

Ultimate Finance

Ultimate Finance Bridging Loans: Overview

Ultimate Finance offers a range of unregulated bridging loans from £100,000 to £3,500,000 for both residential and commercial needs.

You can use these short-term financing options to quickly secure property purchases, fund refurbishments, raise capital, or refinance existing loans for your business.

Key features include

  • Bridging loans from £100,000k up to £3,500,000, with up to 75% LTV available
  • Rates start from 0.89% per month for terms from 1 to 18 months
  • Purchase, development and refurbishment loans available
  • Express DIP and funding process
  • Interests can be retained or serviced
  • Asset-Based Lender
  • No credit check
  • No early repayment fee
  • No exit fee
  • Funding up to 100% of the purchase price for BMV purchases

Ultimate Finance has a great reputation. The loan application process is quick and straightforward, and you can expect to receive an offer within 72 hours of applying.

What are the Eligibility Criteria for an Ultimate Finance Bridging Loan?

Applicant NatureUK registered or domiciled company (Limited / Non-Limited)
Applicant LocationEngland, Wales and Scotland
Property RequirementResidential property
Property PurposeBusiness purpose only
Min. Loan Amount£100,000
Max. Loan Amount£3,500,000
Max. LTV75%
Interest Repayment Retained or Serviced
Exit StrategyA robust exit plan is required

Application Process for Ultimate Finance Bridging

The process for applying for a bridging loan with Ultimate Finance is extremely simple, although it might seem a bit “old-school” compared to some of UF’s competitors.

It all starts with filling out a standard form on Ultimate Finance’s website.

UF form

Once the form is filled out, Ultimate Finance’s team will be in touch to discuss the next steps.

The front-end process is designed to require minimal information upfront. Of course, more due diligence comes before formal approval. Overall, Ultimate Finance looks to deliver efficient and quick bridging finance.

You can expect to receive a DIP in less than 24 hours, and, if you agree to the terms, an offer in less than 72 hours.

Ultimate Finance Bridging Rates

Here are the Ultimate Finance bridging loan rates for 2023.

Loan TypeRates FromMax. LTVMax. LoanArrangement FeeExit Fee
Purchase Bridge0.94%75%£3.5M2%
Development Exit0.89%75%£3.5M2%
Development & Finish Exit0.99%75%£3.5M2%

Ultimate Finance Reviews & Ratings

ultimate finance

Overall, Ultimate Finance receives very positive reviews, earning a near-perfect TrustScore of 4.9 out of 5 based on over 700 reviews on Trustpilot.

The quasi-unanimity of reviews (96%) rate Ultimate Finance 5 stars. Customers praise the fast funding, and helpful customer service. Many note getting loan approval in less than a day, and funding within 2 or 3 days.

3% of reviews are 4 stars, and 1% are 3, 2 or 1 star. The very few negative reviews mainly relate to difficulties in releasing funds and identity checking.

These negative reviews are very scarce compared to the overwhelming positive feedback and relate to personal experience.

Reviews indicate an extremely high customer satisfaction with Ultimate Finance lending services, owing to fast processing, and fantastic staff. While a minority of customers have faced challenges, my overall sentiment toward Ultimate Finance is unquestionably favourable.

Compare bridging loans

Save time and money with Business Expert & Fluent Bridging

Quick Search – Compare bridging loan criteria in real time

Easy Process – Answer a few quick questions about your loan needs

Expert Support – Get access to our partner’s in-house advisers

Ultimate Finance FAQs

What types of businesses can benefit from Ultimate Finance’s bridging loans?

What specific purposes can Ultimate Finance’s bridging loans serve?

How is the Loan to Value (LTV) ratio calculated for Ultimate Finance’s bridging loans?

Are there options to keep monthly repayments low during the loan term?

What are the additional charges associated with Ultimate Finance’s bridging loans?

Is there an option for early repayment of the bridging loan?

Yes, you can repay a bridging loan early if you find yourself in a position to do so. Ultimate Finance is flexible with early repayments, making it easier for you to manage your loan based on your financial situation​5​.