Monday, September 23, 2024

Commercial banking company provides nearly £20bn to UK businesses over the past decade | TheBusinessDesk.com

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Secure Trust Bank Commercial Finance (STB CF), the asset-based lending division of Secure Trust Bank, has provided nearly £20bn in funding to over 250 UK businesses over the past decade.

Specialising in multi-asset ABL solutions, STB CF supports mergers, acquisitions, refinancing, and turnarounds, offering debt facilities of up to £50m to mid-market companies.

Since 2014, STB CF has developed long-term relationships with private equity firms and investors, helping drive value across various sectors.

Deals include financing Chiltern Capital’s acquisition of Batt Cables and the merger of Lyte Ladders and LFI under Breal Capital.

It also supported Modella Capital’s acquisition of Hobbycraft, enabling growth plans for the UK’s largest arts and crafts retailer.

STB CF has worked with high street brands, providing facilities such as £8m for Ann Summers’ online expansion and £50m to British Steel.

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