Arbuthnot Commercial Asset Based Lending has provided a £15 million funding facility to VJ Technology, giving the business additional headroom to scale its procurement-led offering across the UK construction sector. The structure of the deal is designed to match the company’s working capital profile and support near-term expansion.
VJ Technology supplies fixings, fasteners and consumables to construction and infrastructure projects, working with both major contractors and smaller regional firms. This mix provides access to large project pipelines while maintaining exposure to more frequent, smaller-scale demand.
The facility combines invoice discounting, an inventory-backed revolving line and a cashflow loan. Funding can increase alongside receivables and stock, which is critical in a business where order volumes and inventory requirements are closely tied to project timing. The additional loan element introduces more stable capital to support strategic initiatives rather than day-to-day trading.
The primary use of funds is the expansion of the company’s iStore platform. This model places managed inventory directly on construction sites, allowing contractors to access materials as needed.
Arbuthnot Banking Group PLC (LON:ARBB), operating as Arbuthnot Latham, offers private and commercial banking products and services in the United Kingdom. Established in 1833, Arbuthnot Banking is headquartered in London, United Kingdom.
