Lebus Upholstery has secured an undisclosed flexible Asset-Based Lending (ABL) facility from Independent Growth Finance (IGF) to accelerate its growth.
The funding provides the manufacturer with working capital to support ongoing operational investment, enhance production capacity, and create financial headroom to seize future market opportunities.
Lebus' MD Karl Walker says: “We work with leading furniture retailers across the UK and Ireland and are constantly striving to build on our excellent reputation. This backing from IGF will play a pivotal role in our long-term growth strategy, enabling us to keep pace with market dynamics and consistently meet our customers' evolving requirements.”
John Savage, ABL director at IGF in Leeds, adds: “It’s fantastic to support a thriving, long-established local business as they scale up their investments and enter their next chapter of growth. ABL is a highly flexible solution designed to provide robust working capital during critical expansion periods. Lebus Upholstery is a fantastic example of British manufacturing excellence, and this funding will allow them to significantly enhance their market offering.”
