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GLI Finance - another acquisition ticks the right boxes - really a rather good share tip

Tom Winnifrith
Sunday 10 May 2015

Having updated at its end of April AGM that it continues to monitor opportunities to further develop its range of platforms, “but given the potential size of origination capability of our existing platforms, we are only pursuing significant opportunities that can add material and differentiated origination”, GLI Finance (GLIF) has announced a £1.25 million investment in Funding Options Ltd.

Funding Options uses proprietary technology to scan the alternative finance market to help UK SMEs access funding, with GLI’s investment in return for a 28.9% stake in the ordinary equity and £0.75 million of preference shares and seeing its Chief Executive, Geoff Miller, join the Funding Options' board.

This latest investment

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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