White Oak Commercial Finance Provides $35 Million ABL Facility to Unicat Catalyst Technologies
White Oak Commercial Finance (WOCF) and White Oak UK (WOUK), affiliates of White Oak Global Advisors, have announced the provision of a $35 million Asset-Based Lending (ABL) Revolver Facility to Unicat Catalyst Technologies LLC (Unicat), a leading provider of heterogeneous catalyst products. The facility also features a $20 million uncommitted accordion option, offering Unicat additional flexibility as it continues its growth strategy.
Headquartered in Texas with executive offices in the United Kingdom, Unicat has received a comprehensive suite of ABL products from WOCF and WOUK. The financing is structured to operate across the company’s UK and U.S. platforms and includes support in multiple currencies: U.S. dollars (USD), British pounds (GBP), and euros (EUR). This multi-currency approach ensures Unicat has access to liquidity in the regions where it operates, streamlining cash flow management and cross-border operations.
Mark Stuckey, CEO of Unicat, expressed his appreciation for the arrangement, stating that the facility provides more efficient working capital and term loan solutions than previous arrangements. Stuckey emphasized that the new structure gives the company the flexibility to grow in line with its strategic objectives. The ABL facility is expected to enhance Unicat’s ability to pursue opportunities and manage its operations more efficiently across its international footprint.
Kevin Maitland, Managing Director of Underwriting at WOCF, highlighted the importance of the firm’s cross-border financing capabilities. He noted that WOCF’s ability to structure and deploy capital across jurisdictions and asset classes enables them to deliver fully integrated solutions tailored to the unique needs of clients like Unicat. Maitland explained that this cross-border funding capability offers a competitive advantage, allowing companies to unlock incremental liquidity, harmonize collateral coverage across entities, and execute transactions with both flexibility and certainty.
Jeremy Harrison, Managing Director of ABL at WOUK, emphasized that Unicat serves as a prime example of WOUK’s ability to structure cross-border facilities for multi-jurisdictional companies. Harrison, who joined WOUK in late 2025 to scale the firm’s market-leading ABL offerings, remarked on the importance of this transaction in demonstrating the firm’s commitment to cross-border financing. He further noted that the partnership enables Unicat to pursue its growth strategy while leveraging WOUK’s expertise in structuring complex multi-currency financing solutions.
Legal representation for the transaction was provided by Shoosmiths for WOUK and Goldberg Kohn for WOCF, with additional support from Hilco and FBX Capital. Unicat was represented by Squire Patton Boggs, ensuring comprehensive legal and financial guidance throughout the deal.
The ABL facility provided by WOCF and WOUK allows Unicat to access a flexible and efficient source of working capital that aligns with its international operations. By offering a range of currencies and cross-border financing options, the facility supports Unicat’s continued expansion in both the U.S. and UK markets. This arrangement demonstrates the ability of non-bank lenders like WOCF and WOUK to provide sophisticated, multi-jurisdictional financial solutions to companies with complex operational footprints.
Unicat’s CEO highlighted the operational benefits of the facility, including improved liquidity management and enhanced strategic growth capacity. The company plans to leverage this financing to support its ongoing development of heterogeneous catalyst products and to strengthen its competitive position in global markets.
WOCF and WOUK’s approach to cross-border financing reflects a broader trend among non-bank lenders to provide flexible, tailored solutions to businesses operating internationally. By structuring facilities that accommodate multiple currencies and asset types, these lenders can address specific client needs while offering greater certainty and efficiency compared to traditional bank financing.
Overall, the $35 million ABL Revolver Facility, combined with the $20 million uncommitted accordion, positions Unicat to capitalize on growth opportunities and manage operational needs effectively. This transaction reinforces the strategic value of specialized non-bank financing solutions in supporting companies with international operations and complex financial requirements.
The collaboration between Unicat and White Oak affiliates demonstrates the effectiveness of integrated cross-border financial solutions in enabling companies to achieve their strategic objectives while maintaining operational flexibility and financial stability.
This transaction also underscores WOCF and WOUK’s commitment to expanding their presence in the cross-border ABL market, offering companies like Unicat a sophisticated financing platform that supports long-term growth and operational efficiency.
By leveraging a multi-currency, cross-border ABL structure, Unicat can optimize its capital structure, ensure liquidity availability in key markets, and enhance overall financial resilience. The strategic partnership with WOCF and WOUK positions the company to pursue growth opportunities with confidence and agility.
Legal and financial advisors played a crucial role in facilitating the transaction, ensuring that all cross-border considerations and regulatory requirements were properly addressed. This comprehensive support reinforces the value of collaborating with experienced advisors when executing complex international financing arrangements.
The facility not only provides Unicat with immediate financial resources but also establishes a flexible foundation for future growth initiatives. With access to an uncommitted accordion, the company retains the ability to expand the facility as operational and strategic needs evolve, ensuring continued alignment between financing capacity and corporate objectives.
In summary, the ABL Revolver Facility from White Oak Commercial Finance and White Oak UK offers Unicat Catalyst Technologies a tailored, multi-currency solution that strengthens liquidity, supports strategic growth, and demonstrates the effectiveness of cross-border non-bank financing. This transaction highlights the advantages of working with specialized lenders capable of structuring complex, multi-jurisdictional deals to meet the evolving needs of growing international companies.
The partnership between Unicat, WOCF, and WOUK sets a benchmark for cross-border ABL solutions, showcasing the benefits of flexible financing structures, multi-currency support, and integrated global solutions in driving operational efficiency and supporting growth strategies.
This deal represents a significant milestone for Unicat Catalyst Technologies, positioning the company for continued success in global markets while reinforcing the strategic capabilities of White Oak affiliates in providing sophisticated, cross-border financial solutions for international businesses.
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