Arbuthnot ABL delivers £4m growth funding to S&D Sealants Group

Arbuthnot Commercial Asset Based Lending (ACABL) has completed a £4 million growth finance package for S&D Sealants Limited and Solseal Limited, providing a significant boost to one of the UK’s leading specialist finishing services groups.

The bespoke funding structure combines a £3.25 million Confidential Invoice Discounting (CID) facility with a £750,000 Growth Guarantee Scheme (GGS) loan. The new arrangement refinances the group’s existing facility while delivering additional headroom to support its ongoing expansion strategy.

Headquartered near Newport, Wales, S&D Sealants is a well-established provider of specialist finishing services to the construction, marine and insurance sectors. The business employs more than 200 people across nine offices spanning the UK and Europe. Its sister company, Solseal, is recognised as the UK’s largest distributor of sealants, adhesives and mortars.

The group is led by Managing Director Nick Jones, who succeeded his father following more than five decades of family ownership.

Commenting on the transaction, Jones said the new funding would play a pivotal role in accelerating the company’s growth plans.

“We have exciting growth plans and the team at Arbuthnot Commercial ABL has supported us with facilities that will enable us to expand rapidly,” he said. “It’s been a smooth process, probably the easiest I’ve experienced from top to bottom. I knew some of the team previously, and genuinely felt I was working with friends straight away.

“They have a solutions-based ‘can do’ approach, and understood our business model immediately, making the export funding aspects of the facility work for us. We can now crank up our plans with the stepping stones in place and the confidence to expand further.”

Andrew Rutherford, Commercial Director at Arbuthnot Commercial Asset Based Lending, said the deal reflects ACABL’s ability to tailor funding solutions to ambitious, growth-focused businesses.

“A well-established business already known to our executive team, S&D Sealants represents exactly the type of ambitious business we enjoy supporting,” he said. “Nick and his team have built a strong platform with clear opportunities for strategic growth.

“This transaction highlights our ability to structure a flexible funding solution at the scale required to support their next phase.”