United Trust Bank to grow development finance division

Following a period of sustained demand for development finance, bringing increasing levels of new business enquiries, United Trust Bank is planning to expand its successful development finance division, it says.

Steve Grant joined UTB’s development finance team last year to grow its property finance business in the north of England. Despite any uncertainty created by Brexit, UTB says that it has continued to see a steady increase in enquiries for development finance across the country.

Noel Meredith, executive director of United Trust Bank, (pictured) said: “Brexit will present challenges to banks and businesses but those who accept that uncertainty is part and parcel of change and have the confidence in their own experience and judgement to maintain their course, can prosper.

“UTB continued to support developers, by lending throughout the credit crunch and we have increased our lending every year since. With a new set of challenges ahead, we are committed to supporting those who see opportunity rather than threat.”

www.utbank.co.uk

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