asset based lending supporting
private equity
ABN AMRO Commercial Finance is a leading
cross-border asset based lender, operating in the
Netherlands, UK, Germany, France and Belgium.
We offer a range of funding solutions and specialise
in re-financing or re-capitalisation, acquisition
finance, financing growth and exit planning.
We understand that Private Equity owned businesses
have a need for speed and certainty of delivery.
Our approach is flexible and creative so that we can
provide bespoke solutions and legal documentation
that are tailored to the needs of Private Equity
our
difference
ABN AMRO Commercial Finance exists
to help Private Equity firms and corporate
entities to maximise the value of
their portfolio.
Putting the right funding package together continues to be challenging for many businesses in today’s market. So it is crucial to seek robust and responsive forms of finance, from a solid partner who can offer both flexibility and certainty of funding required.
We structure innovative Asset Based Lending solutions – including receivables, stock, plant & machinery – to secure the most efficient funding structures available across Europe.
We commit to working with you as a partner. No two deal structures are the same, and everything we do is tailored towards your business model, strategy and unique goals.
Our approach is built on solid financial foundations, technology and innovation, yet always delivered with a human touch.
We commit to working
with you as a partner
our
profile
ABN AMRO Commercial Finance is a leading
cross-border Asset Based Lender and part of the
ABN AMRO Group, a global banking organisation
serving retail, private and commercial banking
services to customers across the world.
We offer a range of services designed to enable value creation and business growth. Whether you are investing in an established corporate, a large multi-national or embarking on an acquisition strategy, we can find the right solution for you.A leading cross-border Asset Based Lender with over 45 years of experience
Present in 4 countries
Serving over 1,900 customers throughout Europe Range of flexible commercial finance solutions,
tailored to suit your needs.
Over 45 years
of experience
our
group
ABN AMRO Commercial Finance is active
in the UK, the Netherlands, France, Belgium
and Germany. We have the reach, scale and
expertise to structure both domestic and
cross-border financing arrangements.
From January – August 2014, client funds in use averaged at €2bn across the group We were named as Alternative Finance
Provider of the Year at the 2014 M&A Awards
International Deal of the Year 2014, for our partnership with Shandong Yongtai and TIA Trendsetters (for the acquisition of Covpress).
Alternative Finance Provider of the Year, 2014
International Deal of the Year, 2014
Case Studies
Hamilton Bradshaw
benefits from the ABL approach
The Challenge
When looking for suitable investment to fund on-going growth within their portfolio, the Principals sought a modern, flexible and efficient style of financing to support the growth of their business. They needed an informed, professional financier capable of understanding the business risk and the enterprise value as opposed to purely financial criteria.
It was clear the Principle sought to understand the position of the Funder but also required the Funder to understand their individual investments.
The Solution
A tailored funding package was created allowing headroom and flexibility to support their portfolio development
£50m of funding sanctioned, involving Invoice Discounting and cash flow loan facilities.
The Result
Optimising transparency of the funding package supported continued further growth of investment funds with deal flow continuing
Private Equity satisfaction – “much better priced, much more appropriately engaged with the board and a very reliable source of funding”.
continued success for
Fletchers Bakery
The Challenge
Fletchers Group of Bakeries sought a flexible and creative funding partner to ensure continued success and optimise business performance. They were attracted by the high level of service provided by ABN AMRO Commercial Finance. The business partnered with us in order to leverage the necessary quantum of funding needed to enhance the balance sheet, and provide funds for further growth.
The Solution
£22m Asset Based Lending package including receivables finance and Term Loans against Plant & Machinery and Property
The Result
The new facility enabled the company to repay PIK notes whilst maintaining strong liquidity in the business
Funding available for further strategic growth initiatives
ABN AMRO Commercial Finance provided an initial repayment holiday and bullet repayment plan, allowing the business to achieve the re-financing goals of its investors.
Donatantonio
secures opportunity for growth
The Challenge
Donatantonio had good growth opportunities; both in its existing and prospective customer base and a well invested infrastructure in terms of its warehousing, logistics and technical capability. However, the business needed to restructure. Beringea, an international Private Equity firm and manager of the ProVen VCT’s, backed a BIMBO. Beringea invested through ProVen VCT and ProVen Growth & Income VCT to support the transaction.
The Solution
In support of the Private Equity acquisition, ABN AMRO Commercial Finance provided an Asset Based Lending facility. This created additional funding, growth finance and enabled the company to accelerate its growth plans Combined with the Asset Based Lending
solution, support was given though a combination of Invoice Discounting, stock finance and a cash flow loan.
The Result
The company had adequate finance facilities to fund several initiatives, all supporting business growth
Headroom generated through the facility has protected the business through the challenges faced during a period of continued growth.
£3m
Funding Line
Manufacturing
Funding for Growth
Our integrated funding solution comprising of receivables, P&M, Property and cash flow Term Loans enabled the refinancing of a leading bakery produce manufacturer and a Private Equity cash release, allowing reinvestment elsewhere for shareholders
Partnering Growth
A Private Equity owned recruitment company faced a difficult challenge. Our bespoke facility enabled them to focus on future distribution plans and continued growth
Refinance/Switch
Our tailored solution enabled this food production company to switch from their current provider. A Private Equity cash release allowed reinvestment elsewhere for shareholders
Funding for Growth
We were delighted to join the ABN AMRO Commercial Finance Group in the provision of growth funding to the UK subsidiary of a pan-European electrical accessories business
Funding across Europe
Our integrated multi jurisdictional approach to a funding solution for this pan-European services company successfully resulted in the completion of a non-recourse off-balance sheet receivables facility in the UK. Similar solutions were also in place for their businesses in the Netherlands and Belgium provided by ABN AMRO Group for a combined funding line of €33m
Working Capital
A PE investor introduced this German wood processing company that needed to raise funds to support working capital. We were able to secure a receivables, stock and asset finance facility
£21.9m
Funding Line
Manufacturing
£12m
Funding Line
Recruitment
£22m
Funding Line
Food
£15m
Funding Line
Business
Services
€45m
Funding Line
Manufacturing
Cross Border “Off Balance Sheet”
We designed a creative funding solution for this Private Equity backed business, including:
A non-recourse receivables facility True sale of debt No supporting charges or other security
Acquisition
ABN AMRO Commercial Finance joined forces with a Private Equity partner, to enable the acquisition of this car parts supplier. Our partnership enabled growth success for the business
Partners for Growth
An office supplies specialist sought a funding partner for continued growth. Entering a syndication with the company and its Private Equity partner, we ensured future success for the business
Partners for Growth
When this French manufacturer of ski and winter sport equipment needed to change their funding syndicate partner, we acted quickly upon this Private Equity introduction and formed a committed funding partnership
MBO
This Dutch trade company was looking to finance a Management Buy Out together with Private Equity. We were happy to supply a recourse receivables facility and stock finance
€36m
Funding Line
Wholesale/
Distribution
£37.5m
Funding Line
Automotive
£55m
Funding Line
Distribution
€9.9m
Funding Line
Manufacturing
€15.5m
Funding Line
Trade/
Distribution/
Wholesale
PE Refinance
We tailored a creative funding package for this food manufacturer, including Property, Plant & Machinery and cash flow loans, and a receivables facility. The solution also enabled the repayment of loan notes to the Private Equity house
€22.9m
Funding Line
Food
ABN AMRO Commercial Finance PLC 5 Aldermanbury Square
London EC2V 7HR Tel: + 44 (0) 808 163 3597
Patrick Wilkins
Sales Director, Structured Finance Tel: + 44 (0)7984 978635 Jeremy Smith
Sales Director, Structured Finance Tel: + 44 (0)7968 524945 Harps Dhami
Regional Director Tel: + 44 (0)7425162326 Jason Zillwood
Sales Director, Structured Finance Tel: +44 (0)7780 957630
ABN AMRO Commercial Finance N.V. Hambakenwetering 2
5231 DC ‘s-Hertogenbosch The Netherlands
Tel: + 31 (0) 73 646 77 77
Jelle Reterink
Director of Corporate Sales Tel: + 31 (0) 73 646 77 77 Ricardo Martis
Manager Corporate Clients Tel: + 31 (0) 65 362 10 26
ABN AMRO Commercial Finance GmbH Gereonstraße 15–23 D-50670 Köln Germany Tel: + 49 (0) 221 88887 0 Jochen Wiedenmann Sales Director Tel: + 49 (0) 173 299 0931
ABN AMRO Commercial Finance SA 39 rue Anatole France
92535 Llevallois Perret Cedex France
Tel: + 33 (0)1 41 49 93 96
Gilles Maman
Sales and Marketing Director Tel: + 33 (0) 786 629 324
your
contacts
“I’ve found the team at ABN AMRO Commercial Finance to be very helpful and flexible around our commercial needs. For example, we have been growing our sales with a particular customer and we needed to increase our concentration limit to maintain funding – and ABN AMRO was able to approve an increase in the limit within a fortnight.”
Donatantonio
“When we’ve had difficulty, they’ve worked with us, they’ve seen us through it. And then when we’re enjoying good times, and on the other side of the bank, then they are extending our lines and allowing the businesses to develop and grow. So, I’ve been delighted with the service that I have received from ABN AMRO Commercial Finance.”
