Aurelius Finance Company
An independent asset-based lender owned by the AURELIUS group, writing hybrid facilities of £5m to £40m that combine a borrowing base with senior cashflow debt for event-driven deals.
What they do
Aurelius Finance Company lends across the UK, Ireland, North America and selected European jurisdictions in sterling, dollars and euros, funded by a Wells Fargo senior line that doubled to £200m in 2024. The distinguishing product is a hybrid: an asset-based revolver against receivables, inventory, plant and property, with a senior cashflow tranche stacked on top, which lets one lender fund more than the assets alone would carry. Deals are event-driven, buyouts, acquisitions, refinancings, recapitalisations and turnarounds, for listed, private-equity-backed and owner-managed borrowers alike.
Where they fit in a lower-mid-market raise
At the top half of a £3–15m raise, where a business is asset-rich but the funding need runs past what a pure borrowing base supports, this is one of the few lenders that will bridge the gap in a single facility rather than making the borrower club two. Public deals include an £18.5m refinancing for a schoolwear retailer and £12m for a discount retail chain, both of which show a willingness to lend into retail, a sector much of the market has quietly stopped underwriting.
Where they are not the fit
Facilities start at £5m, so the bottom third of a £3–15m raise is below the floor. It is a wholesale-funded independent rather than a bank, so pricing sits above bank asset-based lending, and it is not the answer where a conventional clearing-bank facility is available. Deal flow skews to sponsor-backed situations.
Published terms
- Pricing
- Firm cites 'more competitive pricing' after Wells Fargo line doubled to £200m in 2024-25
- Speed to terms
- Not published
- Sponsored or sponsorless
- Both - listed, private equity-backed and owner-managed; visible deal flow heavily private-equity sponsor-backed
- Where they lend
- UK and Ireland core; also North America (US, Canada) and select European jurisdictions; multi-currency GBP/USD/EUR
- How they decide
- Small independent with in-house Head of Risk; short delegated chain likely but no public credit-committee cadence
- Security
- A borrowing base over receivables, inventory and plant
As published by the lender and last reviewed June 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from Aurelius Finance Company’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Sub-5m tickets below stated floor
How they sit against the category
- Its published ceiling of £40m is among the 9 highest of the 40 asset-based lenders here.
- 11 of the 40 publish an indicative price at all; it is one of them.
Counted across the 40 asset-based & asset-finance lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Aurelius Finance Company write?
Published facilities run £5m to £40m. A band is what a lender states it will do, not what it will do on a given credit.
What security does Aurelius Finance Company take?
On the published terms, a borrowing base over receivables, inventory and plant. What a lender takes on a given facility is set in the documents, not by a published stance.
Does Aurelius Finance Company lend to companies without a private-equity sponsor?
Yes. Aurelius Finance Company lends to owner-managed and sponsor-backed borrowers alike, so a company with no private-equity backer is not out of scope on that ground.
Where does Aurelius Finance Company lend?
UK and Ireland core; also North America (US, Canada) and select European jurisdictions; multi-currency GBP/USD/EUR.
On the record
February 2024: £ 18.5m refinancing for Trutex Ltd (schoolwear/retail) — £ 15m revolving ABL + £ 3.5m seasonal swing-line.
December 2023: £ 12m facility for The Original Factory Shop (retail) — store expansion + subordinated debt repayment.
2023: £ 20m for Irish consumer-goods manufacturer/distributor/retailer — WC refi + bolt-on acquisition + shareholder distribution, first Irish deal.
2024: Wells Fargo funding line doubled to £ 200m.
2025: nearly £ 100m new lending; deals incl. Dusk Retail, The Tyre Group, Hale (EUR 10m cashflow), Trinny London, Trutex acquisition for Hancock & Gore.
Sources: aurelius-group.com
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.