Supporting Shawston Group’s next phase of growth with an £11m funding package
Shawbrook provides a flexible funding package to help Shawston Group refinance existing facilities and pursue its growth ambitions.
At a glance
Shawston Group has secured an £11m funding package from Shawbrook to support the next stage of its growth journey.
Structured around an Asset Based Lending solution, the package incorporates receivables and inventory finance alongside a cashflow loan. It refinances the Group’s existing arrangements while creating additional liquidity to support future expansion.
Founded in the 1970s and headquartered in Greater Manchester, Shawston has grown from a regional pipe fabrication specialist into a national distributor with five UK locations. The Group employs more than 150 people and serves customers across regulated fire protection, mechanical building services, dry and wet risers, residential fire protection and specialist fabrication markets.
Finding a funding partner that understood both our business model and our ambitions was incredibly important to us. Shawbrook recognised the strengths of our business, our market position and the opportunities ahead. This facility gives us the flexibility and funding capacity to continue growing while maintaining the service levels our customers rely on.
Jeremy Bolton, Director, Asset Based Lending at Shawbrook, commented:
“Shawston is a high-quality business operating in specialist markets, supported by strong customer relationships, national coverage and regulatory-driven demand.
The management team has built an impressive platform, and we are delighted to support the next stage of their growth journey with a flexible funding package tailored to their requirements."
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