Stance completes £168K asset finance deal for SME growth

Stance Asset Finance, the newly launched asset finance division of United Trust Bank, has completed a £168,000 funding facility to support the expansion of a Nottinghamshire-based environmental services business.

The financing enabled the acquisition of a specialist road sweeper, an essential asset for the company’s daily operations and service delivery, allowing it to expand its fleet while maintaining financial flexibility.

The deal was introduced by Elliot Caunt of Alpha Asset Finance to Alex Fowler, Broker Development Manager at Stance Asset Finance. The parties worked collaboratively to deliver a smooth and efficient process from initial enquiry through to payout.

Stance structured a bespoke asset-backed lending solution tailored to the client’s needs, enabling immediate purchase of the vehicle while spreading repayments over a sustainable term. This approach helps preserve working capital, protect cash flow, and support long-term growth within Nottinghamshire’s environmental services sector.

The transaction marks another early success for Stance Asset Finance following its soft launch to a limited group of “Founders Club” broker partners. The lender is positioning itself as a provider of fast, flexible, and broker-led funding solutions, with plans to expand its broker network ahead of a full launch later this year.

Elliot Caunt praised the collaboration, describing the process as “seamless from start to finish” and noting that Stance quickly understood the asset requirement and delivered a solution that supported fleet growth without placing strain on cash flow.

Alex Fowler emphasized the importance of execution and partnership in delivering the deal:

“I know the high standards Elliott and the team at Alpha Asset Finance set for their clients, so speed and execution were critical. Alpha is a growing British business supporting other great UK SMEs, and I’m pleased Stance could play a part in helping them and their customers keep moving forward.”