Blazehill Capital can provide secured lending between £5m and £30m to companies with non-standard lending requirements.
The company offers a range of flexible credit options, including term loans, short-term finance, revolving facilities and structured debt.
It focuses on supporting management teams through tough trading periods, offering them the necessary capital to deliver on a turnaround plan.
Blazehill Capital is backed by a number of high-profile investors, including financial institution WAFRA Capital Partners.
The lender’s ambition is to build a lending book of over £1bn in five years.
Its core team has over 40 years of direct lending experience and has provided over £1bn of asset-backed funding solutions to businesses operating in various sectors, including retail, automotive, aerospace, food and drink and manufacturing.
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The business is led by managing director Tom Weedall (pictured above), who has over 15 years of extensive experience of structuring, managing and exiting collateral-based debt facilities.
Prior to Blazehill Capital, Tom held various leadership roles at US asset-based lenders, including Wells Fargo and GE Capital, where he sourced and closed a number of noteworthy transactions in excess of £800m.
“We have launched Blazehill Capital now because we feel there is a huge opportunity to support the UK’s mid-market in these extremely challenging times,” said Tom.
“Many businesses will have been forced to take on additional debt to survive and may require some form of restructure to allow the business to trade effectively and release funding for recovery and growth.
“The funding options available to businesses that do encounter an uphill challenge are often reduced as traditional sources of capital lose credit appetite.
“However, Blazehill Capital understands the challenges and value in stressed situations and is comfortable to help support a business through a difficult cycle, help drive their recovery and fuel future growth.”
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