Which lenders offer unitranche to UK companies?
The answer
18 lenders in Solon's directory offer unitranche. By type, they are 2 clearing banks, 1 asset-based or asset-finance lender, 2 challenger and specialist banks and 13 private-credit funds. Alphabetically, they are Bank of Ireland UK, Beechbrook Capital, Connection Capital, Cordet Capital, DunPort Capital Management, Eurazeo (Private Debt), Harwood Private Capital, Investec, Kartesia, Muzinich & Co., NatWest, Pictet Asset Management, PNC Business Credit, Shard Credit Partners, Shawbrook Bank, ThinCats, Tosca Debt Capital and Triple Point. A further 12 lend at sizes above the lower mid-market: Apera Asset Management, Arcmont Asset Management, Ares Management, Barings, Bridgepoint Credit, CVC Credit, Hayfin Capital Management, Park Square Capital, Pemberton Asset Management, Permira Credit, Pricoa Private Capital (PGIM Private Capital) and Tikehau Capital.
Answered by Solon Corporate Finance from the lenders’ own published terms · Last reviewed 27 September 2026
How this list is drawn
A lender appears here when unitranche is among its published structures or products, including a bank that offers it by co-lending with a fund. Membership of a fund's direct-lending desk is not enough on its own: several senior-only funds sit in the same desk.
What to know
Unitranche combines senior and junior debt in a single facility, with one lender, one set of documents and one blended price. It typically reaches 4–4.5x EBITDA where bank senior debt stops at 2.5–3.5x, and it costs more: a margin of around 550 to 800 basis points over SONIA.
Most unitranche lenders are private-credit funds with a minimum size, shown below as minimum EBITDA where the fund publishes one. The guide comparing unitranche with bank senior debt sets out when the extra reach is worth the price.
The lenders18
| Lender | Type | What they lend | Published range | Minimum EBITDA | Reviewed |
|---|---|---|---|---|---|
| Bank of Ireland UK | TypeClearing banks · Clearing & relationship | LendsLeveraged / acquisition finance | RangeNot published | Minimum EBITDANot published | ReviewedJun 2026 |
| Beechbrook Capital | TypePrivate credit · Unitranche & senior direct | LendsSenior secured, unitranche, subordinated / junior debt | Range£5m–£25m | Minimum EBITDAFrom about £2m | ReviewedJul 2026 |
| Connection Capital | TypePrivate credit · Unitranche & senior direct | LendsDirect private debt | Range£3m–£10m | Minimum EBITDANot published | ReviewedJun 2026 |
| Cordet Capital | TypePrivate credit · Unitranche & senior direct | LendsSenior secured direct lending, direct lending plus+ | Range£4m–£25m | Minimum EBITDAFrom about £2m | ReviewedJun 2026 |
| DunPort Capital Management | TypePrivate credit · Unitranche & senior direct | LendsUnitranche / senior secured direct lending, junior / subordinated & holdco capital | Range£3m–£15m | Minimum EBITDAFrom about £1m | ReviewedAug 2026 |
| Eurazeo (Private Debt) | TypePrivate credit · Unitranche & senior direct | LendsSenior secured / unitranche, subordinated debt, leveraged loans (syndicated senior) | Range£4.2m–£85m | Minimum EBITDANot published | ReviewedJul 2026 |
| Harwood Private Capital | TypePrivate credit · Mezzanine & special situations | LendsFlexible capital — unitranche / subordinated debt, preferred / minority equity | Range£3m–£20m | Minimum EBITDAFrom about £2m | ReviewedAug 2026 |
| Investec | TypeChallenger & specialist · Private & merchant banks | LendsBilateral senior debt, unitranche, subordinated / mezzanine debt | Rangeup to £100m | Minimum EBITDAFrom about £2.6m (€3m published) | ReviewedJul 2026 |
| Kartesia | TypePrivate credit · Unitranche & senior direct | LendsSenior secured (first lien), unitranche, subordinated / junior | Range£8.5m–£60m | Minimum EBITDAFrom about £4.2m | ReviewedJul 2026 |
| Muzinich & Co. | TypePrivate credit · Unitranche & senior direct | LendsSenior secured (first lien), unitranche, second lien | RangeNot published | Minimum EBITDAFrom about £4.3m (€5m published) | ReviewedJul 2026 |
| NatWest | TypeClearing banks · Clearing & relationship | LendsBilateral term loan, Revolving credit facility (RCF), senior syndicated / club loan | Range£1m–£30m | Minimum EBITDANot published | ReviewedJul 2026 |
| Pictet Asset Management | TypePrivate credit · Unitranche & senior direct | LendsEuropean direct lending | Range£13m–£35m | Minimum EBITDAFrom about £2.6m (€3m published) | ReviewedAug 2026 |
| PNC Business Credit | TypeAsset-based · Asset-based lending | LendsABL revolving line of credit, secured term loan, cash flow term loan | Range£5m–£250m | Minimum EBITDANot published | ReviewedJul 2026 |
| Shard Credit Partners | TypePrivate credit · Unitranche & senior direct | LendsSenior secured unitranche / stretched senior, Second lien / mezzanine / PIK | Range£5m–£15m | Minimum EBITDAFrom about £1m | ReviewedJul 2026 |
| Shawbrook Bank | TypeChallenger & specialist · Challenger banks | LendsSenior cashflow leverage (term loan, EBITDA-multiple sized), unitranche (sponsor-backed), Asset-based lending (ABL) | Range£3m–£50m | Minimum EBITDANot published | ReviewedJul 2026 |
| ThinCats | TypePrivate credit · Unitranche & senior direct | LendsSenior secured term loan, unitranche, transitional capital / acquisition bridge | Range£1m–£30m | Minimum EBITDAFrom about £1m | ReviewedJul 2026 |
| Tosca Debt Capital | TypePrivate credit · Unitranche & senior direct | LendsStructured debt | Range£10m–£30m | Minimum EBITDAFrom about £3m | ReviewedJul 2026 |
| Triple Point | TypePrivate credit · Unitranche & senior direct | LendsSenior term loan, unitranche, asset finance / hire purchase | Range£1m–£10m | Minimum EBITDANot published | ReviewedJul 2026 |
Above the lower mid-market
A reference list drawn from each lender’s published material, informational and not a ranking or a recommendation. Each name links to the lender’s profile, where the sources are listed.