ALL Capital appoints Adam Johnson as Senior Advisor for UK and cross-border ABL growth

ALL Capital Management has appointed former Apollo and GE Capital asset-based lending executive Adam Johnson as Senior Advisor as the specialist lender seeks to widen distribution of facilities typically ranging from £5m to £20m.

Johnson will work with ALL Capital’s board on business development and market reach, bringing more than 40 years of experience across bank lending, speciality finance and alternative credit. His career has included roles at Barclays, Hill Samuel, Rabobank and West LB, followed by senior positions in the asset-based lending market.

He was Head of Corporate Structured Finance at GE Capital UK and later Head of ABL and Working Capital Solutions at Apollo before becoming a founding partner of Vertis Capital Partners.

That background gives the appointment relevance beyond a routine advisory hire. Johnson’s experience covers receivables, inventory, equipment, property and intellectual-property-backed lending as well as leveraged and cash-flow finance, spanning growth, acquisitions, restructuring and turnaround situations.

ALL Capital is targeting mid-market borrowers with facilities normally between £5m and £20m. Its structures can be secured against receivables, inventory, property and machinery, while the lender can add term debt beyond conventional asset-based lending parameters where a borrower requires additional leverage.

The strategy places the firm in an increasingly competitive section of the UK lending market where independent ABL providers, private-credit funds and bank-owned commercial-finance businesses are all seeking borrowers whose funding requirements extend beyond straightforward invoice finance.

For a lender operating in that segment, origination and distribution can be as important as product capacity. A multi-asset borrowing base only creates value if the financier can identify companies whose receivables and physical assets support more flexible structures than their existing lenders offer.

ALL Capital founder and director Mike Bryon said Johnson’s appointment was intended to increase awareness of the firm’s offering and expand its distribution channels as it grows its borrower portfolio.

Bringing in an executive with experience across both institutional ABL and alternative credit therefore signals that ALL Capital is focusing not just on adding lending capacity, but on building the origination network required to deploy it into larger and more complex mid-market transactions.