We are proud to announce that Ultimate Finance, a leading UK lender renowned for its personalised service and flexible funding solutions, has adopted verifi’s virtual asset inspection platform. This partnership is a testament to Ultimate Finance's commitment to continuous innovation and its strategy of leveraging technology to enhance its high-quality, relationship-based service model.
Ultimate Finance has consistently focused on streamlining applications and digitising processes to provide quick and seamless access to funding for SMEs. This includes using Open Banking and Open Accounting to gather real-time data for faster decision-making, a core part of its digital transformation strategy. Our partnership with them extends this approach to asset inspections, a critical part of the asset finance journey.
The self-certifi platform allows Ultimate Finance to empower customers, brokers, and supplying dealers to carry out their own asset inspections, saving significant time and cost. The platform's ability to complete inspections in minutes, not days, aligns perfectly with Ultimate Finance's focus on onboarding speed and efficiency.
By integrating our platform, Ultimate Finance gains several key advantages:
· Enhanced Risk Management: The platform provides data-driven insights and a robust approach to fraud prevention, using agentic AI and multimodal reasoning to verify the existence and condition of assets. This supports Ultimate Finance's ability to make informed lending decisions.
· Improved Customer Experience: We provide a rapid and seamless experience for customers, which resonates with Ultimate Finance's focus on building strong, long-lasting relationships and its exceptional client satisfaction ratings.
· Operational Efficiency: The platform automates manual processes, freeing up valuable human resources for strategic activities that support Ultimate Finance's strong growth ambitions.
Jonathan Garnett, verifi co-founder, commented, "Ultimate Finance's reputation for combining tailored, relationship-based lending with a forward-thinking digital approach makes them a perfect partner for us. They understand that technology should enhance, not replace, the human element of finance. Our virtual inspection technology directly supports their mission to provide fast, flexible, and high-quality funding solutions, further strengthening their position as a top-tier UK lender."
Simon Gregory, Head of Operations (Asset Finance) at Ultimate Finance, shares, “This collaboration marks a key step forward in our commitment to innovation. By integrating verifi’s platform, we’re aiming to significantly boost both the accuracy and efficiency of our asset inspections, which will speed up the process to verify the asset and release funds for asset financing. We’ve been impressed with the smooth implementation of the digital application into our operating procedures and look forward to the continued partnership with the verifi team.”
About Verifi Asset Protection Limited
verifi is a professional and trusted provider of leading-edge technology for banks and asset finance providers. The company’s "self-certifi" inspection platform allows finance customers and dealers to conduct their own asset inspections via a mobile device, eliminating the need for traditional, in-person inspections. verifi’s proprietary technology, which includes real-time image validation and geo-location tools, helps lenders mitigate fraud and risk at all stages of the finance lifecycle.
For more information or to arrange a demo of our platform, please contact us at [email protected] or visit www.veri.fi.
About Ultimate Finance plc
Ultimate Finance is an independent lender with a straightforward mission: to be the Funding Partner of Choice for the UK's SMEs. Since its founding in 2002, Ultimate Finance has delivered over £10 billion in funding to help businesses achieve their ambitions. Ultimate Finance knows that speed, clarity, and certainty are what its clients value most. Ultimate Finance's approach is built on providing tailored and flexible solutions across a range of products, including Invoice Finance, Asset Finance, Bridging Finance, and Structured Finance. Ultimate Finance prides itself on fast decision-making and a personal, hands-on service, focussing on ensuring that its clients have the support they need to succeed.
You can follow Ultimate Finance plc on:
Linked In - https://www.linkedin.com/company/ultimatefinance
Web - https://ultimatefinance.co.uk/
X - https://x.com/UltimateFinance
You Tube - https://www.youtube.com/channel/UCBHxwExBwtC6R_B0w-2qfoA
