Receivables Finance News

Arbuthnot Commercial ABL delivers £8.6m package to support Unbrako Group

Share

Arbuthnot Commercial Asset Based Lending (ACABL) has delivered an £8.6 million funding package to Unbrako Group, a leading UK precast concrete producer, providing refinancing support and additional capital to fuel future expansion and acquisitions.

The funding package includes £3.0 million in receivables finance, a £3.6 million real property loan, and a £2.0 million Growth Guarantee Scheme loan. The facility refinances Unbrako’s existing arrangements while creating significant headroom for continued growth.

Founded in 2005 and headquartered in Langar, Unbrako began as a manufacturer of prestressed concrete panels and has since evolved into a market leader in precast concrete production through organic growth and strategic acquisitions. The company now produces approximately 1,000 metres of concrete walling per day across two Midlands-based production facilities.

Unbrako serves a broad range of sectors, with particular expertise in agricultural precast concrete, waste recycling and storage infrastructure, and precast concrete solutions for construction projects.

Following a period of acquisition-led growth, the business sought to consolidate multiple inherited invoice discounting facilities under a single funding partner. Six providers were invited to tender for the refinancing and growth funding mandate, with the process led by Hawkstone Commercial Finance. ACABL was ultimately selected for its competitive proposal and relationship-driven approach.

Paul Kenworthy, Director at Unbrako Group, said: “It has been an absolute pleasure to deal with Scott Curley and James Brady at Arbuthnot, and I am delighted that we have secured a funding line which will enable Unbrako to grow over the coming years. They have demonstrated in-depth understanding throughout the discussions and have found every way to ensure that the deal was done and the refinance and acquisition were completed.”

Roger Fenwick, Founder and Director at Hawkstone Commercial Finance, praised the collaborative approach taken during the transaction.

“Scott Curley, James Brady, and Peter Burton have been fantastic to deal with and have been truly commercial throughout the discussions,” Fenwick said. “They have built a strong relationship with both Paul Kenworthy and I through the transaction and took every opportunity to get to know the business inside out.”

Fenwick added that the financing package has “established a strong platform for Unbrako Group to build on over the coming years.”

Kevin Craven, Commercial Director at ACABL, said the transaction highlighted the lender’s collaborative and client-focused approach.

“I am delighted to see our team getting praised for the value they bring to the table,” Craven said. “From origination to credit and beyond, everyone works together insightfully and at pace to deliver precisely what our clients need.”

He added: “Together, we have set the stage to carry Unbrako’s success to even greater heights.”