Page 2 - Leumi-ABL-10th-Anniversary-Newsletter
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It’s our 10th Birthday!
Leumi ABL is very proud to be celebrating our 10th anniversary. How times have changed since 2006
– the year when Twitter was launched and the term ‘credit crunch’ was still to enter the lexicon with
an entry in the Concise Oxford English Dictionary.
Over the decade we’ve supported many businesses with ABL facilities across the UK and some in Europe and in that time
we have grown our own team from 8 when we launched to 45 of us today.
It’s been a time of great change and there are many highlights.
Our Brighton Head Office has expanded and is now joined by our Northern Operational office
in Manchester, plus four Regional Sales offices giving full nationwide coverage.
Our product range has extended to being a full ABL suite including five year
term loans and trade finance, thereby providing full working capital funding
options to businesses with funding requirements from £1m up to £30m.
We currently have over 200 clients in our portfolio and c£500m of facilities
in place, with an increasing proportion of £multi-million structured ABL
facilities supporting larger businesses. We’ve also been working with an
increasing number of Private Equity houses, a trend which is set to continue.
With your continuing support, we’re delighted to be consistently winning
industry awards, year after year for UK Asset Based Lender of the Year
from ACQ, M&A and Dealmakers, amongst others.
A huge thank you to all of our introducers and clients for your continuing
support and referrals. We can’t wait to see what
the next ten years will bring…
IN 2006...
n NASA’s New Horizons spacecraft launches from Cape
Canaveral Air Force Station in Florida, heading for Pluto
to arrive almost 10 years later.
n Twitter.com launches – this is before most smartphones
had touchscreens.
n The Queen celebrates her 80th birthday at Windsor.
n Italy won the World Cup in Germany, beating France
on penalties in the final.
PREDICTIONS –
THE NEXT TEN YEARS...
n Driverless cars…but still traffic jams!
n A reshaped Europe…..but still discussion about it!
n Leumi ABL still progressing….still doing deals!
