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2017 REFLECTIONS…

2017 saw Leumi ABL complete many interesting We all face the same uncertainties and challenges:
larger multi-facility ABL deals, some of which the implications of Brexit negotiations, the effect of the
we are delighted to feature in this year end review. weak Pound on business confidence and the ongoing and
ever changing geo political situations. That said, we are
We are particularly pleased to have supported confident about the strong relationships we have built in the
a number of clients who are market leaders marketplace over the last decade and feel that the focus
in their industry sector, including some we have on completing deals with confidence and with
well-established brand names. certainty will enable us to continue providing the creativity
and flexibility that clients require to support their ambitions.
Our extended ABL product range has supported our focus
on larger deals, with more clients benefiting from our five Thank you for your enthusiastic support, which has also
year term loans and trade finance facilities. This has enabled translated to a number of ABL award successes for us in
us to offer real flexibility to clients’ funding needs and helps 2017, including Business Insider South West Dealmakers,
to differentiate clearly our full ABL offering. Yorkshire Dealmakers, Thames Valley Dealmakers and three
separate category wins from ACQ.
Our growth in the North continues since setting up our
new Northern Operations Centre in Manchester, and Phil Woodward,
along with our Brighton head office and regional offices MD, Leumi ABL
in London, Birmingham, Leeds and Reading, we are well
placed to support the needs of clients and introducers To find out more contact
across the UK. Our team continues to grow and we are Phil Woodward on 01273 716 202
delighted to welcome Dave Rushton as North West or pwoodward@leumiabl.co.uk
Regional Sales Director.

CLIENT CASE STUDY: WHITWORTHS LTD

LEUMI CRACKS DRIED FRUIT AND NUTS REFINANCE

In August, Leumi ABL completed the £19m refinance of leading brand Whitworths Ltd on full
Asset Based Lending facilities including CID, Stock and Term Loan.

The facility provides funding for investment in new plant, marketing, innovation and overseas expansion, in support
of Whitworths’ long term plans for growth.

Mark Fairweather – CEO of Whitworths said: “The merger between Anatolia and Whitworths in May 2017 created the
opportunity to invest in the growth of the Whitworths brands both in the UK and internationally, as well as investing
in the appropriate packing facilities to meet the long term needs of our key retail customers and their brands.

“This funding provides Whitworths with the ability to build on its unique position in the market delivering supply
chain integrity from producer to consumer on key areas of dried fruit. This is an exciting opportunity for Whitworths
and one that will bring long term benefits to our consumers, customers and suppliers.”

Jason Holland, Regional Sales Director (Midlands)
of Leumi ABL said: “We are delighted to support
the leading name in dried fruit, nuts and seeds, in both
own brand and private label markets. Management
have a strong vision and are making great steps
fulfilling customers’ requirements in both
product range and service delivery. This can
only enhance Whitworths’ reputation as the
leading brand. Our comprehensive asset
based lending facilities provide Whitworths
with capital for growth and investment.”