Structured Lending
Supporting the growth of UK and Irish businesses through secured specialist lending.
Following the global financial crisis, many small and medium-sized enterprises ("SMEs") found access to traditional bank finance increasingly limited.
Specialist non-bank lenders have since become an important source of funding, providing finance to viable businesses that might otherwise struggle to access capital for growth and development.
The Averon Group supports this market by providing secured lending facilities to established specialist lenders operating in the UK and Ireland. These facilities enable those lenders to provide finance to a broad range of underlying businesses across multiple sectors of the economy.
The Group adopts a disciplined and prudent approach to lending. Facilities are secured against diversified pools of underlying assets, providing a high degree of collateral protection while supporting lending to productive businesses. The portfolio is diversified across borrowers, industries and asset classes to promote resilience and prudent risk management.
Through this business, the Averon Group supports economic activity by enabling investment in trading businesses, while maintaining a strong focus on disciplined credit assessment, active portfolio oversight and responsible capital allocation.
Why structured lending is an important business for the Averon Group
Supporting a growing and underserved market: Specialist non-bank lenders play an increasingly important role in providing finance to small and medium-sized enterprises that may have limited access to traditional bank lending. This growing market enables the Group to support productive businesses across a broad range of sectors.
Scalable platform: The business benefits from established relationships with experienced specialist lenders, providing opportunities to support the continued growth of their lending activities while maintaining disciplined credit standards and prudent capital allocation.
Diversified and secured lending: Lending facilities are secured against diversified portfolios of predominantly short-term loans, many of which are themselves supported by tangible assets. This diversified collateral base contributes to prudent risk management and supports the long-term resilience of the business.
Disciplined risk management: The Group adopts a conservative approach to credit risk through secured lending structures, meaningful borrower equity participation and prudent loan-to-value ratios. These features provide resilience throughout the credit cycle while enabling the business to continue supporting economic activity and business growth.
Case Study
Revolve
Revolve is a Manchester-based specialist lender providing stock finance and working capital facilities to small and medium-sized enterprises ("SMEs") across the UK. Founded in 2016 by an experienced team of asset-based finance professionals, the business has provided more than £250 million of funding to over 500 businesses, helping them finance inventory purchases and meet short-term working capital requirements.
Revolve operates within the UK's specialist asset-based lending market, supporting businesses that may have limited access to traditional sources of finance. The business benefits from increasing demand for flexible working capital solutions as SMEs continue to seek alternative funding providers.
In March 2026, the Averon Group provided a senior secured lending facility of up to £40 million to support the continued growth of Revolve's lending activities. The facility is secured against the assets of the business, principally its portfolio of secured SME loans, and provides the capacity for Revolve to expand its support for hundreds of growing businesses across the UK.
The business combines disciplined credit underwriting with prudent risk management and active portfolio oversight. Through Revolve, the Averon Group supports the growth of productive UK businesses while maintaining a conservative approach to secured lending and capital deployment.
