Arbuthnot Commercial ABL provides growth capital facility to construction fixing materials and consumables leader

Arbuthnot Commercial Asset Based Lending (ACABL) has completed a £15m growth capital facility for VJ Technology (VJT), a market leader in manufacturing, distributing and testing fixings, fasteners, and building consumables for the construction and infrastructure sector. 

Headquartered in Ashford, Kent, VJT delivers a true ‘one stop shop’ and supplies directly into Tier 1 contractors on large scale infrastructure projects, such as HS2, Sizewell C and Heathrow Airport, as well as serving a large customer base of smaller construction businesses.  

ACABL structured a comprehensive funding package that includes a Confidential Invoice Discounting (CID) line, an inventory revolver, and cashflow loan. The new package supports the business in further investing in its high-growth iStore proposition. 

iStore is a first of its kind procurement solution that enables fast-paced construction projects access to a comprehensive and tailored inventory of fixings, fasteners, and building consumables on site. By utilising a patent approved process that incorporates intelligent stock control security, iStore can be open for business, on site, 24 hours a day, 7 days a week, thereby reducing operational costs and downtime and keeping projects on track. 

ACABL’s funding solution was chosen following a competitive tendering process because of its ability to fully support VJT’s vision for the iStore proposition.

Commenting on the contributions of the deal team, Andrew Mobbs, CEO, VJ Technology Group, said: 

On Arbuthnot 

"Joe Taviner and the team at Arbuthnot were fantastic throughout the process – moving quickly whilst demonstrating a deep understanding of our business and the strength of its market position. We had access to senior decision makers from the outset, facilitating a smooth transaction process, resulting in a flexible financing solution that is tailored to our specific needs on attractive terms. We’re pleased to have Arbuthnot as our new funding partners and look forward to growing our business with them in the coming years.” 

On Fellwood Advisory 

"Fellwood provided exceptional support throughout our recent refinancing process. From the outset, they were proactive, commercially focused, and demonstrated a deep understanding of the debt market. Their clear and consistent communication made the process straightforward, and they were always responsive to our queries. Fellwood’s expertise ensured that we secured the right outcome with Arbuthnot as our lender, aligned with our objectives and future growth plans. Even after completion, they followed up to ensure everything was running smoothly, demonstrating a genuine commitment to their clients. We would not hesitate to recommend Fellwood to any business seeking expert, commercially-minded debt advisory support.” 

Kevin Craven, Commercial Director at Arbuthnot Commercial ABL, said:

"VJT represents exactly the calibre of business we seek to partner with – operationally excellent, strategically clear-sighted, and led by a management team with genuine sector expertise. It was a pleasure to work alongside Fellwood to deliver a smooth and efficient transaction. Our role was to provide a funding structure that enables VJT’s next expansive phase of growth, and we’re confident it does precisely that.”

Related pages

Government Growth Scheme  •  Success stories  • Scheme features

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Registered in England and Wales no. 10915339. Arbuthnot Commercial Asset Based Lending Limited’s registered office is Arbuthnot House, 20 Finsbury Circus, London, EC2M 7EA. Arbuthnot Commercial Asset Based Lending is not authorised and regulated by the Financial Conduct Authority.

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