Leumi ABL

Leumi ABL is pleased to have led on the completion of a £93m refinancing package to evo Group, alongside Close Brothers Invoice Finance. evo is a provider of integrated and value-add fulfilment services, enabling its CEO Andrew Gale to lead a management buy-out of the company. This deal marks evo's third transaction with Leumi and second with Close. As part of the transaction, the syndication has provided a £80m invoice finance facility and £13m in term loans, with an initial term of four years. Andrew Gale, evo CEO, said: “The evo business has made major strides over the last couple of years and we are excited about the opportunities ahead. This refinancing and transaction unlock the opportunity for evo to take on fresh investment to support our ambitions in terms of product and geographical expansion, all within a balanced multi-sales channel model. We welcome the responsive and effective support and expertise of Leumi ABL and Close Brothers as we embark on the next stage of the business’ growth journey.” John Walsh, Regional Sales Director at Leumi ABL, commented: “evo is a high quality business with a bright future, which we look forward to continuing to support under its new ownership. This transaction is a great example of what sets Leumi apart, as our ability to provide a flexible suite of ABL facilities was key to enabling this transaction to complete, achieving the desired outcome for all involved parties.” Read full story: https://lnkd.in/eu362mpq Phil Woodward | Mickey Schiller | TheBusinessDesk.com | Insider Media | Real Deals | The Yorkshire Post | Workplace360 | OPI #LeumiABL #AssetBasedLending #Refinancing #ManagementBuyout

Last week, the Leumi ABL team hosted our very first Track Cycling event at the Olympic Park Velodrome.   The day provided a fantastic opportunity for the team to connect with our clients and business partners in a fun setting, allowing for friendly competition. The experience was a great challenge and thank you to everyone who joined us. We look forward to seeing you again soon.   Ryan Whitworth | Nav Patel | Nick Bryant | Alan Couzins | Phil Woodward | Mickey Schiller #TeamLeumi #TrackCycling #BuildingRelationships #Trust #Excellence

Leumi ABL’s Regional Sales Director for the North West, Austin Thorp, recently had the pleasure of attending The IFT North Conference in Leeds as a panellist.   The discussion centred around the evolving funding landscape and explored the increasing competition for deals, shifting risk appetites, and the importance of directing businesses to the right funding solutions - especially in times of stress.   Austin highlighted the role of alternative lenders in supporting businesses when traditional overdrafts aren’t available, the need for careful structuring to achieve the right outcome, and how banks are balancing market share with prudent lending.   Thank you to the event organisers, speakers, and attendees for an insightful day.   Phil Woodward | Mickey Schiller #LeumiABL #ABL #AssetBasedLending #Finance #FundingSolutions #TurnaroundFinance

Congratulations to Leumi ABL’s very own Regional Sales Manager, Nav Patel, who has once again been selected to captain the England Men’s Indoor Cricket Team!   Nav recently led the team in a seven-match home series against the UAE in Leicester, where England remained unbeaten throughout the week - a fantastic achievement.   This series was an important milestone in England’s preparations for the Indoor Cricket World Cup, which will take place later this year in Colombo, Sri Lanka, from 27th September to 4th October. With a strong squad and a clear focus, the team is ready to take on the world stage.   Nav’s commitment to excellence, both in his professional role and sporting endeavours, reflects his outstanding leadership skills. We are confident that he will bring the same determination and dedication to his role as captain, inspiring his team to success.   We wish Nav and the England team the best of luck in the tournament!   #LeumiABL #Leadership #Excellence #IndoorCricket #WorldCup2025 #TeamEngland

We are excited to announce the winners of Leumi UK’s Q4 2024 Recognition Awards! A huge congratulations to our Individual Award winner, Nick Bryant, for enhancing a key first-line control procedure, and to our Team Award winners Liam Goodin and Nathan Greenley, for their collaborative effort in being innovative and solution-driven. A special recognition also goes to Ben Streatfield, recipient of the 2024 Consistent Performer Award. Ben has consistently embodied Leumi UK’s Guiding Principles—Transparency, Empowerment, Anticipation, and Membership—throughout the year, playing a pivotal role in designing and implementing efficient systems across multiple teams. Congratulations to Nick, Liam, Nathan, and Ben! Their exceptional contributions reflect the dedication, teamwork, and commitment that drive our success as a business. As we move into 2025, we look forward to continuing to celebrate the hard work and achievements of our colleagues across Leumi UK. Mickey Schiller #LeumiUK #RecognitionAwards #Teamwork #Commitment #Congratulations

We are pleased to share an exclusive interview with Real Deals, featuring insights from Phil Woodward, CEO of Leumi ABL, and Steve Ive, Risk Director.   In this discussion, Phil and Steve explore the adaptability and resilience of asset based lending (ABL) as a funding solution. By leveraging balance sheet assets, ABL provides scalable facilities that align with the evolving needs of businesses; offering a flexible alternative to traditional senior debt.   The interview highlights how ABL can serve as a reliable source of working capital while also supporting growth strategies in today’s challenging financial environment.   Read the full article on Real Deals to learn more about how ABL is adding value for businesses: https://lnkd.in/e8YEH4Xz   Mickey Schiller #AssetBasedLending #BusinessFinance #LeumiABL #RealDeals #FundingSolutions

At Leumi UK, we take pride in celebrating the exceptional talent that powers our success. We're thrilled to continue our series introducing the remarkable individuals behind our business. Meet Sophie Wilson, People Partner at Leumi UK, who plays a pivotal role in aligning our people strategy with our broader business goals! Reflecting on her time so far at Leumi UK, Sophie shared, "The biggest shift since I joined has been transforming our People function from reactive and administrative to proactive and strategic. Today, our focus is on building strong foundations that align employee engagement with business performance. It’s incredibly rewarding to see the positive impact on both our people and the organisation." Sophie’s role as a People Partner is dynamic and multifaceted. From collaborating with the Executive Management Committee and Senior Leadership Team to ensure the people strategy supports our vision, to staying ahead of evolving employment law, her work is integral to Leumi UK's success. She explains, "Wearing multiple hats requires organisation, proactive problem-solving, and strong communication skills. It’s a challenge, but one I thoroughly enjoy." Sophie also highlights the People team’s contributions to shaping our company culture: "We create opportunities for engagement through tailored training programs, wellness initiatives, and team-building activities. Everything we do fosters a high-performing culture where employees feel valued and supported. I take pride in being part of a team that prioritises both employee happiness and business success." At Leumi UK, we believe our people are our greatest asset. Sophie's journey is a testament to how fostering a collaborative, empowering, and feedback-driven environment drives not just individual growth, but organisational excellence. Terri-Marie Watson | Mickey Schiller | Phil Woodward #CompanyCulture #EmployeeEngagement #Leadership #WorkplaceExcellence #PeopleStrategy #EmployeeWellbeing

Phil Woodward, Chief Executive at Leumi ABL, recently spoke to Actum Group about how and why asset based lending (ABL) has gained traction as an alternative debt tool, and the outlook for ABL over the coming months. “ABL is all about making the assets of the business work for the business. There’s no requirement for any external security, and therefore it’s a fairly simple and cost effective way of financing a business and future proofing it in terms of growth.” “ABL as a product offering in the UK has moved quite considerably over the last 15 years, and certainly in the last five to 10 years. It has become a mainstream product used by debt advisors and corporate financiers in both the refinance and the transactional world for corporates.” Read full article: https://lnkd.in/eYZ6fH9Q #ABL #PrivateEquity #Lending

Jonathan Hughes, Regional Sales Director at Leumi ABL, recently participated in an panel discussion on UK funding trends, hosted by the The IFT and expertly moderated by Rob Asplin, Partner at PwC.   During the webinar, Jonathan shared his insights into the evolution of the asset-based lending (ABL) market over the past five years including:   📊 How total funds drawn across the ABL market remained consistent at £24bn from September 2019 to September 2024. 📉How the number of ABL clients decreased from 39,000 to 33,000, reflecting a strategic shift among lenders to focus on mid-market and mature companies rather than startups and very small SMEs. 📈 How the number of client companies with turnovers exceeding £100m increased by 20%, showing that ABL is increasingly utilised by larger, successful businesses.   We extend our thanks to the IFT and fellow panellists Niamh Buckley and David Stone for curating such an engaging and thought-provoking discussion, illustrating the critical role of capital in successful corporate turnarounds.   #FundingTrends #ABL #CorporateFinance #LeumiUK #IFT #turnaround  

Reflecting on 2024: A Year of Accomplishments and Success at Leumi ABL. 2024 has been a strong year for Leumi ABL, marked by determination, collaboration, and delivering tailored financing solutions to empower our clients. Our ABL team’s expertise and dedication have played a key role in helping businesses achieve their ambitions this year, from funding growth plans to enabling strategic transformations. A sincere thank you to our clients and partners – your trust motivates us to continually raise the bar and drive success together. 📈 Highlights from 2024: • A message from Phil Woodward, CEO • Key highlights that demonstrate our commitment to fostering business growth Looking ahead, we’re excited to continue strengthening relationships, supporting businesses, and delivering impactful financial solutions in 2025. 👉 Learn more about how Leumi ABL can support your business:https://lnkd.in/eJCV54um Alan Couzins | Steve Ive | Jason Holland | Austin Thorp | Jonathan Hughes | John Walsh | Martin Risman | Ryan Whitworth | Nav Patel #BusinessGrowth #FinanceSolutions #AssetBasedLending