News
AURELIUS Finance Company agrees highly bespoke asset backed facility for Dusk
2025
- Strengthening of presence in the North of England with third financing in recent months
- Second inventory-only financing for AURELIUS Finance Company in 2025
London, 25th September 2025 – AURELIUS Finance Company, the Private Debt segment of AURELIUS, is pleased to announce the completion of a highly bespoke revolving inventory loan for Dusk (Retail) Ltd, a fast-growing UK homeware e-commerce business. The facility fully revolves in line with Dusk’s inventory position and will provide the liquidity needed to support continued growth.
Founded in 2017 by Jason Walker, Dusk is a fast-growing e-commerce business renowned for high-quality, affordably priced bed linen, furniture and home accessories. Boosted by the shift to online purchasing and the expansion of the product range, revenue has grown to £150m in FY25.
2025 has seen Dusk expand into new warehousing facilities; significantly increasing operational capacity and efficiency. This strategic move provides the business with the infrastructure required to meet rising customer demand, streamline logistics, and lay a strong foundation for long-term expansion. With the new funding in place, Dusk is poised to strengthen its market presence and further reinforce its reputation as a trusted leader in the retail industry.
The bespoke facility will play a key role in the businesses growth plan by funding the resulting increased working capital requirements, and by supporting the one-off costs incurred in developing the warehousing footprint and ERP implementation project. The financing also creates the liquidity headroom needed to increase stockholding levels to meet rising demand and an expanding product range.
“Our business has grown rapidly in recent years, and the investment in our warehousing and systems provides the platform for the next stage of expansion. AURELIUS Finance Company understood the nuances of our business quickly and delivered a facility at pace that supports our growth strategy and strengthens relationships with our key suppliers,” said Jason Walker, Founder & Chairman of Dusk (Retail) Ltd.
This transaction underscores the team’s strong track record in delivering fast, flexible, inventory-only asset-based lending solutions in complex scenarios.
“Dusk is a business with a strong growth trajectory. This financing demonstrates our growing footprint in the North of England, building on recent transactions with Trutex and National Timber Group. We are confident that our ability to move at pace and deliver solutions when others hesitate is just as relevant for businesses in this region as it is across the rest of the UK,” commented James Elliott, New Business Specialist, North of England at AURELIUS Finance Company.
AURELIUS Finance Company was advised by Shoosmiths. Dusk was advised by Ian Gilmartin at Crowe Debt Advisory and Freeths.
ABOUT AURELIUS FINANCE COMPANY
AURELIUS Finance Company, the Private Debt segment of AURELIUS, is an independent direct lender and one of the leading private debt players in the UK market, focused on providing capital to mid-market companies across the UK, Ireland, the Netherlands, USA and Canada. It provides clients with an alternative to mainstream banks, with commercial, flexible and supportive lending solutions across the whole capital structure. Founded in 2017 and headquartered in London, its team of 10 specialists has deployed £300m of capital to over 30 clients, across a broad range of industries and situations.