£1m to £25m for proven businesses
Ignite provides term loans of £1m to £25m to UK businesses for growth, acquisitions, ownership change and refinancing. We fund mid-sized SMEs with at least £1m EBITDA and two years of profitable trading.
By situation
Funding purpose
01
Acquisition finance
£1m to £25m to buy a competitor, a bolt-on or a whole business, at up to 4x EBITDA.
02
Management buyout finance
Debt funding for management teams buying the business they run.
Our funding strategies
Not one size fits all
The type of finance matters as much as the amount: businesses do best when they can get the capital that fits their needs and their stage of growth. That's why each of our strategies has its own specialists.
Sponsors
We fund private equity-backed buyouts, bolt-on acquisitions and buy-and-build plans in the lower mid-market. Our terms are bespoke to each and every deal.
Sponsor fundingOwner-managed businesses
We fund founders and management teams who want to grow, buy a competitor or change ownership. That includes management buyouts, shareholder buyouts and succession plans. As entrepreneurs ourselves, we know what that decision involves.
Owner-managed fundingHealthcare
We fund care, clinical and healthcare services groups through acquisitions, new sites and refinancing.
Healthcare fundingFund finance
We provide facilities to private equity and investment firms at fund, holding company or management company level.
Fund financeFunding requirement
What the funding is for
| Purpose | Typical situations |
|---|---|
| Organic growth | New sites, new capacity, a larger team, working capital for headroom to grow |
| Acquisitions | A first acquisition, bolt-ons, a buy-and-build plan backed by funding for the long-term |
| Ownership change | MBOs, secondary buyouts, founder exits, shareholder buyouts, cash-outs |
| Refinancing | Replacing a facility that no longer fits, consolidating debt, resetting the structure for the next phase of growth |
Our criteria
If a business meets these key criteria and is looking for funding, we'd like to hear about it.
| Criterion | Our appetite |
|---|---|
| Facility size | £1m to £25m |
| EBITDA | £1m or more |
| Leverage | Up to 4x EBITDA |
| Location | UK businesses, in every region |
| Trading record | 2 years of profitable trading |
| Facility types | Term loans and revolving credit |
| Term | Up to 7 years |
What we don't fund
We don't lend to start-ups, pre-profit businesses or businesses based outside the UK. We also don't fund property development or early-stage ventures.
Think a deal fits?
Send us the headline numbers and the timetable. You'll hear back quickly if we can help.