London-based financial broker FBX Capital Partners has advised on the successful delivery of a $35 million global Asset-Based Lending (ABL) facility for Unicat Catalyst Technologies.
Unicat, a Texas-headquartered supplier of catalyst products, received the financing from alternative lender White Oak Commercial Finance. The deal replaces a complex structure of separate loans across different countries with one unified global facility.
The new financing improves access to working capital by making full use of its international assets and simplifies reporting requirements. It also provides flexible funding to support future expansion without the need to refinance in the near term.
Director at FBX Capital, Mikhail Bolus, said: “This transaction was about simplifying a complex international debt structure and ensuring the funding truly reflects how the business operates across borders.
“By carrying out a detailed cross-border review of the company’s assets and coordinating valuations across jurisdictions, we helped put in place a facility that fully recognises the strength of Unicat’s underlying assets. The result is a streamlined and flexible global platform that improves liquidity, enhances efficiency and supports the company’s continued growth.”
About FBX Capital Partners
- FBX Capital Partners is a boutique corporate and commercial finance debt advisory firm
- It raises debt capital of between £1m and £600m for growing SMEs
- Since its inception in 2017, FBX Capital Partners and sister firm Funding Bay have helped clients successfully raise over £400m of debt funding
- For more information, visit: https://fbxcapital.co.uk/ and https://fundingbay.co.uk/
