Arbuthnot Commercial ABL

Arbuthnot Commercial ABL delivers £10.7m package for Anglian Windows

Arbuthnot Commercial ABL has structured a £10.7m asset-based lending facility for Anglian Windows Limited.

The funding to Anglian Windows — which is a portfolio company of private equity investor Alchemy Special Opportunities — is designed to finance its trade receivables, bespoke inventory, specialist plant and machinery, and commercial property.

The facility replaces Anglian Window’s previous overdraft with additional liquidity headroom to be deployed in support of its planned growth.

Alex Leicester, partner at Alchemy, said: “Arbuthnot Commercial ABL delivered a pragmatic, flexible and commercial deal structure.

“[It] really looked to understand the quality of the asset base and the interconnectedness between the retail operation and the social housing business and their revenue cycles to create the level of funding required.

“With the new working capital platform in place from Arbuthnot Commercial ABL, Anglian is ideally positioned to grow its market share, broadening its product offering, and increase its geographical presence.”

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