Investment Type

Investment Type

Mezzanine Finance

Sector

Sector

Asset Finance/Leasing

Date

Date

Jan 2018

Jurisdiction

Jurisdiction

UK

Quilam are providing mezzanine finance to Catfoss Finance a leading independent lessor in the UK asset finance market. The capital is being used by the business to support the accelerated growth of the portfolio. Catfoss has a 20-year proven track record and history of lending through multiple credit cycles. They specialise in providing asset finance facilities to SMEs and sole traders.

The business is run by three individuals with a collective 50 years experience in asset finance. Most origination is broker intermediated with the business having an extensive broker network with Catfoss’s reputation of quick turnarounds having assured them consistent flow.

Catfoss specialise in funding ‘real’ assets, these are large business critical assets at reasonable LTVs with proven resale value. This coupled with an effective enforcement strategy tested over the years of trading means the business has minimised annualised losses.

Quilam is backing a highly experienced senior management team with a strong track record. The team brings with them proven origination capabilities, in-depth knowledge and decades of experience in generating excellent returns throughout the economic cycle.