Haydock completes £365m securitisation to boost SME funding capacity

Haydock Finance has completed its fourth public securitisation, securing £365 million through a new asset-backed securities (ABS) transaction that will increase its capacity to support SMEs across the UK.

The transaction, Hermitage 26, saw £365 million of receivables placed into a public ABS structure, releasing additional funding capacity over a rolling 12-month period to support continued balance sheet growth and increased lending to UK businesses.

The latest securitisation marks another milestone for the specialist lender and reflects continued investor confidence in Haydock’s funding platform and growth strategy.

Andy Taylor, Managing Director and Commercial Chief Officer at Haydock Finance, said the successful transaction would enable the business to expand its support for UK SMEs

“Securing our fourth deal is a significant achievement and demonstrates the market’s continued confidence in Haydock,” he said.

“By increasing our funding capacity, we can provide even greater support to UK businesses looking to grow and invest. A sincere thank you to our advisers for their invaluable support in helping us deliver this successful transaction.”