As SETNA finalizes the fit-out of our new UK property and concludes the refinancing process, we are proud to mark a significant milestone in our continued international expansion.
This achievement represents a coordinated effort across multiple partners and advisors. We are pleased to begin a new financing relationship with Alpha Property Lending, whose support has been instrumental in bringing this project to completion.
“Has been great to work with the team at SETNA with Tommy, leading discussions. The speed of response and transparency in information provided has been impressive to work through SETNA’s first UK financing. SETNA have a fascinating business and it has been a pleasure to be able to support them with the funding of their high-quality UK Headquarters,” Mert Zabci, Head of Commercial Lending.
“We are equally impressed with the speed of execution from the Alpha side. Mert and team demonstrated agility as we simultaneously pushed to refinance while completing the fit-out. This project entailed many moving pieces that required complex problem solving. Suffice to say, we are looking forward to a long-term partnership with Alpha,” Tommy DeGarmo, CFO & Partner.
We would also like to formally recognize the exceptional counsel provided by Ardant Partners throughout the process. Their expertise and strategic oversight were critical from inception to execution. We extend our sincere appreciation to Rowern Wong for his dedication and hands-on involvement at every stage.
SETNA New UK Facility
The newly renovated site will provide approximately 125,000 square feet of combined storage and MRO space, supporting our global parts trading platform while housing our wheels & brakes and avionics shop operations. The facility will further expand capabilities under Setna iO and Setnix LTD, strengthening our operational footprint across the UK and Europe and enhancing our ability to serve customers worldwide with increased capacity, efficiency, and technical depth.
We look forward to welcoming customers and partners to the new facility and sharing more details in the months ahead. To arrange a visit, please contact our team.
