Sancus Lending Group Secures £0.65 Million in Junior Funding
The financial services provider has secured additional funding to expand its loan book, strengthening its balance sheet.
The financial services provider has secured additional funding to expand its loan book, strengthening its balance sheet.
The financial services company is proposing a tender offer for its zero dividend preference shares and amendments to the terms of these shares, aiming to simplify its capital structure and increase operational flexibility.
The financial services provider has launched a new corporate website, providing updated investor information.
The alternative finance provider reported a modest profit, supported by revenue growth and increased assets under management. However, ongoing funding challenges and market uncertainties temper the outlook.
The financial services provider reports strong revenue growth and a return to profitability, securing a new £20 million funding facility to support further expansion.
The company has announced the results of shareholder meetings and a tender offer for its ZDP shares, as well as the issue of new bonds and amendments to existing bonds.
The alternative finance provider has secured an increased and extended credit facility, as well as additional junior funding, to support the growth of its property-backed lending business.
The financial services company is proposing changes to its capital structure, including amendments to ZDP shares and a tender offer.
The financial services company has published its annual report and announced the date of its upcoming annual general meeting.
The financial services provider has secured £1 million in junior funding, which will be used to expand its loan book. The company also has access to an additional £7.1 million in undrawn funding commitments.