GLI Finance AIM: GLIF

Today and subject to final contract, GLI Finance Limited (AIM: GLIF) signed an agreement to act as the lead Investor to provide €25.0m of funding to the Exchange. This will bring the total year-to-date funding on the Exchange to €30.m and provides for a further capacity to purchase in excess of €150.0m ETR during 2014.

GLI Finance is a Guernsey-domiciled loan company listed on the AIM market of the London Stock Exchange (ticker GLIF). The Company’s objective is to produce a stable and predictable dividend yield, with long term preservation of net asset value. This the Company aims to achieve through the provision of secured lending to small and medium sized companies with the view to exit the CLO business over time and focus on the provision of alternative finance to SME’s.

The Company Strategy is to become a leading alternative provider of SME finance and in the last year the Company has made significant strides to achieve this by completing a number of partnership transactions with lending platforms. The platforms which have been invested in vary by geography, industry, size of lending and by type of lending. These include Global trade Finance, UK SME Lending, Offshore Lending, UK invoice discounting, European invoice discounting, Global multi-asset crown funding and UK property-backed lending.

BANK BORROWING TRADE CREDEBT®
No personal guarantees *
No liens/debentures *
Quick application
Quick decision
Commercial perspective
Consultative process
No credit limits
Light on administration
Quick access to cash
No exit fees *

We’re Traders, Just Like You
& We Want to Work With You

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4-Tier Capital Protection

Investors’ funds are protected using 4-Tier Capital Protection, as follows:

  • ETR Off-Set – ETR not Settled (i.e. paid in full) are replaced with Eligible ETR
  • Originator Reserve – paid from Reserve on all Traded ETR (averages 10% of all ETR)

Originator credit insurance protection

  • Credebt Exchange® loss and default reserve – paid from founders funds†; and/or
  • AIG insurance

 

  • Selling model, as opposed to a lending model
  • No liens & no personal guarantees
  • Low discount rates & no ‘face value’ charge
  • Access up to 90% of your invoices’ value quickly
  • Single Membership fee, regardless of volume
  • Payment terms can be greater than 90 days
  • Not required to sell all invoices/entire ‘book’
  • No long term contract & leave at any time
  • No ‘Debtor Concentration’ (i.e. no maximum value per Debtor)
  • Block trading & trade automation are possible
  • No retrospective, refactoring, or review fees
  • Simple, streamlined online reporting
BANK BORROWING TRADE CREDEBT®
No personal guarantees *
No liens/debentures *
Quick application
Quick decision
Commercial perspective
Consultative process
No credit limits
Light on administration
Quick access to cash
No exit fees *

We’re Traders, Just Like You
& We Want to Work With You

More Posts Like This

Feeding Europe: Success in European Food and Drinks Distribution

Read Article