asste based lending Jeremy Harrison Kevin Maitland White Oak Commercial Finance USA 27-02-2026WOCF provides US$35mABL facility to UnicatWhite Oak Commercial Finance (WOCF) and White Oak UK, affiliates of White Oak Global Advisors, have provided a US$35m asset-based lending (ABL) revolver facility to Unicat Catalyst Technologies LLC (Unicat), a global supplier of heterogeneous catalyst products. The financing also includes a US$20m uncommitted accordion feature.Unicat, headquartered in Texas with executive offices in the United Kingdom, received a comprehensive ABL package spanning its US and UK operations. The facility is structured across multiple currencies, including US dollars, British pounds and euros, enabling support for the company’s cross-border activities.Unicat CEO Mark Stuckey said the new facility delivers more flexible working capital and term loan capabilities than the company’s previous arrangements, positioning the business to pursue growth in line with its strategic objectives.Kevin Maitland, Managing Director of Underwriting at White Oak Commercial Finance, explained that the firm’s ability to structure and deploy capital across jurisdictions allowed it to fund against a broad range of asset classes in both the US and UK. He noted that this cross-border approach provided an integrated solution tailored to Unicat’s needs, unlocking additional liquidity, aligning collateral coverage across entities and offering execution certainty.Jeremy Harrison, Managing Director of ABL at White Oak UK, described Unicat as representative of the firm’s expertise in structuring facilities for multi-jurisdictional companies. He added that the transaction underscores White Oak UK’s commitment to the cross-border ABL market and its position as a non-bank provider in the space.Legal counsel for the transaction included Shoosmiths for White Oak UK and Goldberg Kohn for White Oak Commercial Finance, with additional support from Hilco and FBX Capital. Unicat was represented by Squire Patton Boggs. #asset based lending
White Oak Commercial Finance (WOCF) and White Oak UK, affiliates of White Oak Global Advisors, have provided a US$35m asset-based lending (ABL) revolver facility to Unicat Catalyst Technologies LLC (Unicat), a global supplier of heterogeneous catalyst products. The financing also includes a US$20m uncommitted accordion feature.
Unicat, headquartered in Texas with executive offices in the United Kingdom, received a comprehensive ABL package spanning its US and UK operations. The facility is structured across multiple currencies, including US dollars, British pounds and euros, enabling support for the company’s cross-border activities.Unicat CEO Mark Stuckey said the new facility delivers more flexible working capital and term loan capabilities than the company’s previous arrangements, positioning the business to pursue growth in line with its strategic objectives.Kevin Maitland, Managing Director of Underwriting at White Oak Commercial Finance, explained that the firm’s ability to structure and deploy capital across jurisdictions allowed it to fund against a broad range of asset classes in both the US and UK. He noted that this cross-border approach provided an integrated solution tailored to Unicat’s needs, unlocking additional liquidity, aligning collateral coverage across entities and offering execution certainty.Jeremy Harrison, Managing Director of ABL at White Oak UK, described Unicat as representative of the firm’s expertise in structuring facilities for multi-jurisdictional companies. He added that the transaction underscores White Oak UK’s commitment to the cross-border ABL market and its position as a non-bank provider in the space.Legal counsel for the transaction included Shoosmiths for White Oak UK and Goldberg Kohn for White Oak Commercial Finance, with additional support from Hilco and FBX Capital. Unicat was represented by Squire Patton Boggs.