The Sancus Ireland launch at Stephen's Green Hibernian Club, Dublin on Wednesday January 16th.
Presentation by Andrew Whelan (CEO, Sancus Group), Michael Mooney (MD, Sancus Ireland) and Geoff Savage (Director of Lending, Sancus Ireland)
We are an international Service Provider. We arrange for the incorporation of International Business Companies (IBCs) in the most desirable jurisdictions around the world. We do so through a network of highly trained and experienced Registered Agents in the best available jurisdictions. The process is both reliable and fast.
For more details visit:http://www.abacoltd.com/
How to set up a Hedge Fund or Cayman Investment Fund. This guide provides an overview of the requirements. However, please contact our professional team to discuss your specific requirements: info@bellrockgroup.com
Medicsfs is very experienced in Independent Financial Advice,Mortgage Finance Expert,Financial Advice for Professionals,Experienced Mortgage Advisers,Mortgage For Medical Professionals,Professional Financial Services,Independent Financial Advice for Doctors,Mortgage Advise for Doctors,Mortgage Advise for Dentists,Mortgage Advise for Opticians,Mortgage Advice for Vets
We are an international Service Provider. We arrange for the incorporation of International Business Companies (IBCs) in the most desirable jurisdictions around the world. We do so through a network of highly trained and experienced Registered Agents in the best available jurisdictions. The process is both reliable and fast.
For more details visit:http://www.abacoltd.com/
How to set up a Hedge Fund or Cayman Investment Fund. This guide provides an overview of the requirements. However, please contact our professional team to discuss your specific requirements: info@bellrockgroup.com
Medicsfs is very experienced in Independent Financial Advice,Mortgage Finance Expert,Financial Advice for Professionals,Experienced Mortgage Advisers,Mortgage For Medical Professionals,Professional Financial Services,Independent Financial Advice for Doctors,Mortgage Advise for Doctors,Mortgage Advise for Dentists,Mortgage Advise for Opticians,Mortgage Advice for Vets
Fund management regulation in Cayman Islands, 2020, Loeb Smith AttorneysLoeb Smith Attorneys
Read on to learn about fund management regulation, fund marketing, retail funds, non-retail pooled funds, separately managed accounts, and recent developments.
- 8.25% per annum or 8.75% per annum for a 3-year or 5-year investment
- Interest can be paid as an income or rolled up
- Automatic exit upon maturity, and no need to get involved.
- First floating charge over all of the Company assets, which are held by an FCA-authorised company acting as Trustee for the benefit of the investors.
- Available in any of the three wrappers: cash, ISA, and pension.
This is an opportunity to invest in 8.75% for 5 years debentures from an innovative loans company with a market capitalisation of £10m. The company has a simple business model, lending through three wholly owned subsidiaries offering cash flow, finance and investments and bridging loans.
The company which is a Plc has been strategically formed to add value to the companies it supports. It is a team of business builders whose individual experience encompasses finance, operations, marketing, product development and sales. This enables the three subsidiaries to provide a personable and knowledgeable underwriting service that was described by an existing customer who simply said, ‘it’s like business banking used to be.’
The people behind the company are passionate about finance and enhancing UK business. Their objective is to help to bridge the corporate funding gap and stimulate the growth of UK business.
Subsidiary 1 - Cash flow loans are available to established UK limited and LLPs that are keen to grow facilitated through a secured flexible revolving credit facility as an alternative to a bank overdraft or business
loan. Credit lines are between £10,000 and £500,000 and operate in a similar way to a bank overdraft.
Subsidiary 2 - Finance loans and investments subsidiary takes an equity stake in the company in conjunction with longer-term loans, with repayments to suit the individual company profile.
Typically these companies will have demonstrated the ability to invest, grow and successfully manage their existing cash flow credit facility.
Subsidiary 3 - The bridging loans subsidiary specialises in providing funding to the commercial property sector. The funds are always 100% secured against real assets and supported by additional security. Funding solutions are between £50,000 to £500,000 and are only provided to experienced, solvent commercial borrowers. The company won the Client Choice Award for Best Commercial Property Lender Corporate Live Wire 2016 Financial Award.
The debentures on offer relate to the bridging loans subsidiary.
Sancus Guernsey Breakfast Presentation November 17Amanda Overland
Andrew Whelan (CEO, Sancus BMS) supporting slides for presentation of "The Future for Alternative Finance" at The Old Government House Hotel 16 November 2017.
PKF Francis Clark is delighted to present our 13th annual Finance in Cornwall event on Tuesday 25th June 2019.
Delegates will hear from more than a dozen sources of funding and business support via short presentations and panel discussions, with the opportunity to ask questions and network with other local business owners and directors and professional advisers.
This year we have also teamed up with Cornwall Lenders Forum (a Cornwall Chamber of Commerce initiative), Acceleration Through Innovation and Cornwall Trade and Investment.
We have welcomed over 150 people to the event each year and we recommend that you reserve a place if you are thinking about expanding or investing further in your business in Cornwall.
The slides from an evening hosted by Sancus at the Churchill War Rooms, London.
Andy Whelan (CEO, Sancus BMS Group) opened the evening with a presentation about the history and current position of the Group. This was followed by a panel discussion about the evolution of funding, hosted by Andy Davis and with panellists, Caroline Langron (MD, Sancus Finance), Jake Wombwell-Povey (CEO, Goji) and Graham Martin (CIP, Bond Mason).
Fund management regulation in Cayman Islands, 2020, Loeb Smith AttorneysLoeb Smith Attorneys
Read on to learn about fund management regulation, fund marketing, retail funds, non-retail pooled funds, separately managed accounts, and recent developments.
- 8.25% per annum or 8.75% per annum for a 3-year or 5-year investment
- Interest can be paid as an income or rolled up
- Automatic exit upon maturity, and no need to get involved.
- First floating charge over all of the Company assets, which are held by an FCA-authorised company acting as Trustee for the benefit of the investors.
- Available in any of the three wrappers: cash, ISA, and pension.
This is an opportunity to invest in 8.75% for 5 years debentures from an innovative loans company with a market capitalisation of £10m. The company has a simple business model, lending through three wholly owned subsidiaries offering cash flow, finance and investments and bridging loans.
The company which is a Plc has been strategically formed to add value to the companies it supports. It is a team of business builders whose individual experience encompasses finance, operations, marketing, product development and sales. This enables the three subsidiaries to provide a personable and knowledgeable underwriting service that was described by an existing customer who simply said, ‘it’s like business banking used to be.’
The people behind the company are passionate about finance and enhancing UK business. Their objective is to help to bridge the corporate funding gap and stimulate the growth of UK business.
Subsidiary 1 - Cash flow loans are available to established UK limited and LLPs that are keen to grow facilitated through a secured flexible revolving credit facility as an alternative to a bank overdraft or business
loan. Credit lines are between £10,000 and £500,000 and operate in a similar way to a bank overdraft.
Subsidiary 2 - Finance loans and investments subsidiary takes an equity stake in the company in conjunction with longer-term loans, with repayments to suit the individual company profile.
Typically these companies will have demonstrated the ability to invest, grow and successfully manage their existing cash flow credit facility.
Subsidiary 3 - The bridging loans subsidiary specialises in providing funding to the commercial property sector. The funds are always 100% secured against real assets and supported by additional security. Funding solutions are between £50,000 to £500,000 and are only provided to experienced, solvent commercial borrowers. The company won the Client Choice Award for Best Commercial Property Lender Corporate Live Wire 2016 Financial Award.
The debentures on offer relate to the bridging loans subsidiary.
Sancus Guernsey Breakfast Presentation November 17Amanda Overland
Andrew Whelan (CEO, Sancus BMS) supporting slides for presentation of "The Future for Alternative Finance" at The Old Government House Hotel 16 November 2017.
PKF Francis Clark is delighted to present our 13th annual Finance in Cornwall event on Tuesday 25th June 2019.
Delegates will hear from more than a dozen sources of funding and business support via short presentations and panel discussions, with the opportunity to ask questions and network with other local business owners and directors and professional advisers.
This year we have also teamed up with Cornwall Lenders Forum (a Cornwall Chamber of Commerce initiative), Acceleration Through Innovation and Cornwall Trade and Investment.
We have welcomed over 150 people to the event each year and we recommend that you reserve a place if you are thinking about expanding or investing further in your business in Cornwall.
The slides from an evening hosted by Sancus at the Churchill War Rooms, London.
Andy Whelan (CEO, Sancus BMS Group) opened the evening with a presentation about the history and current position of the Group. This was followed by a panel discussion about the evolution of funding, hosted by Andy Davis and with panellists, Caroline Langron (MD, Sancus Finance), Jake Wombwell-Povey (CEO, Goji) and Graham Martin (CIP, Bond Mason).
What is a "Private Fund?" (Series: PE, VC, and Hedge Funds De-Mystified)Financial Poise
According to the Securities and Exchange Commission, the number of private investment funds in the United States grew from 20,000 in Q1 2013 to more than 25,000 in Q1 2015. This included 1,100 more hedge funds, 1,500 more private equity funds and 140 more venture capital funds. So what are private funds and why are they growing so quickly? This webinar explains the basics of private funds, how and why they differ from public investment options, and how investors gain access to the different kinds of private fund vehicles. Included is a breakdown of the three major private funds (private equity, venture capital and hedge fund) and what makes each unique.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/what-is-private-fund-2019/
Our corporate team continues to have a strong focus on the private sector - maintaining and consolidating our position as a market leading provider of corporate services. We work with clients from various sectors including: retail, technology, financial services, insurance, food & drink and manufacturing.
https://www.brownejacobson.com/sectors-and-services/services/corporate-and-commercial/corporate-finance
Slides that accompanied the Q3 2019 Quarterly Investment Briefing for West of England on 28th November. The event saw presentations from Paul Jones (British Business Bank), Simon Tutton & Fuschia Curry (Deepbridge Capital), Rosie Bennett (SETsquared) and Harry Destecroix (UnitDX/Carbometrics/Ziylo)
Slides 61-63 include information about those 26 companies that are actively raising investment in Q4 2019. Check out the disclaimer - these aren't recommendations, just information.
Lexology getting the deal through - Insurance and Reinsurance 2019, Ireland Matheson Law Firm
What are the key steps and considerations in the regulation and licensing of insurance and reinsurance companies trading in Ireland and the resolution of insurance disputes? We examine these issues and recent industry developments, in the context of emerging trends and amid the backdrop of Brexit and GDPR, in the Ireland chapter of Lexology, Getting the Deal Through – Insurance and Reinsurance 2019 by Matheson partners Sharon Daly, Darren Maher, April McClements and Gráinne Callanan.
Equity Crowdfunding in Australia - Consumer Investor RegulationAndrew Macpherson
Australia has long had an equity crowdfunding regime, albeit by default. But with a need to foster innovation and seed capital for start-ups, it is looking to improve the ability of consumer investors to particuipate and to develop the crowdfunding platform scene.
The proposed legislation now before Parliament is a uniqely Australian solution and amends their Corporations Act 2001 in the fundraising area. Australia has had the benefit of a number of reports and New Zealands's launch in April, 2014. It balances conservatism against modernity - the proof will be in the eating.
These slides discuss the salient features of issuer, intermediary and investor regulation, noting those areas which run for and aginst the purpose of this regulation.
Equity Crowdfunding in Australia - Planned RegulationAndrew Macpherson
Australia is embarking on a scheme within its Corporations Act 2001, to foster seed capital through innovation. The aim is to make consumer investors more involved in startups, providing protection and a regime uniquely Australian. New zealand led the way in April, 2014. Malaysia introduced its own regime in July of last year and Singapore has long welcomed start-ups, its governance also undergoing change.
Similar to Sancus BMS (Ireland) Launch Presentation January 2019 (20)
A selection of deals from across the The Group.
A range of bridging and development loans, from £250k to £23m, with a "sweet spot" of £1m to £5m.
Also offering a range of asset backed funding opportunities for Sancus Co-Funders.
What to look for when comparing lenders when sourcing bridging and development finance. Richard Whitehouse writes for NACFB's February 2020 Commercial Broker magazine.
A selection of bridging finance, development finance and refinancing loans for property developers, construction specialists, corporates, trusts, family offices and HNWI.
Jersey Private Wealth Report 2018 by Gibson StrategyAmanda Overland
A report detailing the private wealth sector in Jersey.
Based on interviews of 82 Jersey based residents including private clients and private wealth professionals.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
2. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.2 | 16/01/2019
Agenda
Sean O’Brien – Q and A
Introduction
Macro Overview
Sancus BMS Group
Irish Team
Irish Property Finance Market Overview
Irish lending proposition
Sancus Q and A
3. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.3 | 16/01/2019
Macro Overview
4. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.4 | 16/01/2019
Macro Overview
Consolidation of Major UK Banks and Building Societies
5. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.5 | 16/01/2019
Macro Overview
Consolidation of Major US Banks
6. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.6 | 16/01/2019
Corporate Structure
A profitable niche lending business offering different funding solutions in multiple jurisdictions.
Sancus BMS Group
**Affiliate* as at 30/6/18
Sancus Funding Limited
Company No. 7534003
Jersey
Sancus (Jersey) Ltd
Company No. 113391
Guernsey
Sancus (Guernsey)
Ltd
Company No. 58612
UK
Sancus Finance Ltd
Company No. 7485900
BMS Finance (UK)
SARL
Company No. 06008835
Sancus Funding Ltd
Company No. 7534003
Isle of Man**
Sancus (IOM) Ltd
Company No. 012528V
Ireland
Sancus BMS
(Ireland)
Company No. 602067
Gibraltar
Sancus (Gibraltar)
Ltd
Company No. 113391
7. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.7 | 16/01/2019
Sancus BMS Group
£898m
Total
£224m
Invoice Discounting
Supply Chain Financing
£501m
Asset Backed Loans
£173m
Business Loans
£37m
Proprietary Capital
£255m
Total
£61m
Business Loans
£185m
Asset Backed Loans
£9m
Invoice Discounting
Supply Chain Financing
Live
Loan Book
Cumulative
Loan Book
Data as at 30/6/18
British Business Bank Investments Ltd
is an investor in
BMS Finance (UK) SARL
Group Lending Overview
8. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.8 | 16/01/2019
Sancus BMS Group
Institutional Funding
Honeycomb
Investment Trust
Sancus Loan Notes
Proprietary Capital
Sancus own funds
Sancus Co-Funders
Institutions
HNWIs
Family Offices
Private Clients
Sources of Funding
Funding Overview
Institutional Funding Proprietary Capital Sancus Co-Funders
9. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.9 | 16/01/2019
Sancus BMS Group
Sancus Funds
£26m, 14%
Credit Facility
£27m, 14%
Loan Notes
£23m, 13%
Family Offices
£32m, 17%
HNW/Private Clients (143)
£76m, 41%
Institutional (5)
£2m, 1%
Sancus Funds
Credit Factility
Loan Note
Family Offices
HNW/Private Clients
Institutional
* Affiliate
Funding detail – by volume and number (including Sancus IOM*)
As at 30/6/18
10. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.10 | 16/01/2019
Sancus BMS (Ireland) Team
Michael Mooney – Managing Director
Over 20 years’ experience in financial services including 16 years in banking and real estate finance;
Prior to joining Sancus, Michael worked for Barclays for 12 years, from 2012 as a Director in their Corporate Real
Estate Finance Department in Ireland;
Prior to Barclays, he worked in Corporate and Property Finance at Ulster Bank in Dublin;
He began his career in the Financial Services department of KPMG in Dublin;
Michael is a fellow of Chartered Accountants Ireland.
Geoff Savage – Director of Lending
Over 18 years’ experience in financial services including 14 years in banking and real estate finance;
Prior to joining Sancus, Geoff was managing director of Situs Asset Management Ireland;
Before Situs, he worked for five years as a team leader in the asset recovery division of the National Asset
Management Agency;
Prior to this Geoff worked for Avestus Capital Partners in both origination and finance;
He began his career in the Investment Management division of PricewaterhouseCoopers in Dublin, followed by
two years at Bank of Ireland;
Geoff is a fellow of Chartered Accountants Ireland.
11. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.11 | 16/01/2019
Funding market has recovered
• But at a slower pace than the property market and economy
Traditional bank sector has re-emerged
• In reduced form (akin to UK and US consolidation)
Traditional banks remain cautious about property exposure
• Resulting in a funding gap
Alternative or direct lenders have emerged:
• Over the past 5 years;
• With greater appetite than traditional sector;
• Reducing the funding gap.
Nonetheless funding shortfalls continue to exists
• Most acutely in residential development
Irish Property Funding Market Overview
Funding
market
Property
market
Economy
Traditional
banks
Alternative
Lenders
12. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.12 | 16/01/2019
Funding Solutions
Short Term/Ongoing
(UK only)
(1 to 3 months)
Invoice Discounting
Supply Chain Finance
Medium Term
(3 – 24 months)
Asset Backed Loans
Property Bridge
Property Development
Long term
(UK only)
(24 – 60 months)
Intellectual Property
Mergers & Acquisitions
Cash Flow
Mezzanine
13. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.13 | 16/01/2019
Developers seeking site acquisition and construction financing;
Developers/Investors seeking bridging to secure revised planning;
Investors requiring acquisition finance for investment properties;
Investors requiring bridging to complete asset management
initiatives;
Borrowers seeking to refinance out of loan portfolios.
Type of Borrower
14. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.14 | 16/01/2019
A straight forward process which provides:
Flexibility – loans of between €1m and €10m and term of between 3 and 24 months;
Diversity – appetite to lend across Ireland and on all property classes;
Reliability - speed & efficiency of credit approval process and closing;
Opportunity - access to capital in more complex situations than traditional lenders can cope with;
Transparency - on both costs and reporting;
Certainty - commitment if borrowers meet clearly defined approval process criteria;
Agility - terms can be customised to suit individual borrower requirements.
The Benefits for Borrowers
15. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.15 | 16/01/2019
A strong appetite for property investment and development lending throughout Ireland;
Speed and certainty of execution;
A proven, multi-jurisdictional business model with highly experienced credit teams in place across the Group;
Loans of between €1m and €10m and term of between 3 and 24 months
Ability to review complex scenarios;
Access to diverse sources of funding.
Conclusion
All loans are underwritten by Sancus who participate in every loan.
16. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.16 | 16/01/2019
Appendices
1. Bios – Andrew Whelan and Steve O’Brien
2. Use of Proprietary Capital
3. Borrower Characteristics
4. The Benefits for Co-Funders
5. Case Studies
6. Contact Details
17. This document is confidential and should only be circulated with prior approval from Sancus BMS Group.17 | 16/01/2019
Sancus BMS Group - Bios
Andrew Whelan – Sancus BMS Group CEO & Co-Founder
Andrew established Sancus in 2013 with John Davey;
He has over 30 years financial experience and is a Chartered Fellow of the Chartered Institute for Securities &
Investment;
Prior to establishing Sancus, Andrew was a founding partner of Ermitage Group, following its MBO from Liberty Life;
Andrew joined Liberty Ermitage in 2001 and was a Group Executive Director and Managing Director of Ermitage
Global Wealth Management Jersey Limited;
He was also CIO of Ermitage’s Wealth Management business and products, winning multiple investment awards
during this tenure;
Prior to Liberty Ermitage, Andrew worked for Kleinwort Benson (between 1994 – 2001) where he was a member of
the Group’s senior investment committee. He started his career with Morgan Grenfell in 1987.
He has been recognised in the Citywealth Leaders List since 2007 and is also a member of the Retained Global
Speaker programme for the CFA Society.
Steve O’Brien – Managing Director, Sancus (Gibraltar) Ltd & Board Member
Steve joined Sancus in 2015 with 17 years financial experience;
He is a member of the Securities & Investment Society of Trust & Estate Practitioners and an Associate of the
Institute of Financial Services;
Steve began his career with Matheson Investments before moving to RBS then to Santander prior to joining Sancus.
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Use of Proprietary Capital
Critical differentiating factor:
Allows us to underwrite loans;
Allows us to change shape of credit risk for Co-Funders;
Ensures we share risk with Co-Funders and have “skin in the game”;
Ensures we can Co-Fund in every deal to control process;
Highlights our confidence in our credit process;
Provides us with the ability to subordinate to Co-Funders to reduce their risk.
Sancus BMS is wholly owned by GLI Finance www.glifinance.com a trading business listed on AIM
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Borrower Characteristics
What we look for in our borrowers, the six “C”s:
Character – strong moral fibre;
Capital – holistic approach to understanding a borrower’s total net-wealth;
Collateral – what is our security;
Cover – a sensible Loan-to-Value (LTV);
Capacity – ability to repay and clear repayment strategy;
Conditions – economic scenarios to understanding impact.
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A straight forward process which provides:
Diversification – via a low correlation to traditional asset classes with returns in excess of those from bonds and cash;
Impact – assisting the real economy, making a real difference in your local jurisdiction;
Simplicity – secured participation in a hassle free way with transparent reporting;
Flexibility – ability to repay monies if circumstances change and interest paid monthly if required;
Control – Co-Funders can choose the type of opportunity they wish to allocate to;
Trust – in a relationship business you know who you are dealing with;
Reporting – access to our proprietary digital reporting platform;
Risk management – participation in a syndicated loan with other Co-Funders reduces risk.
The Benefits for Co-Funders
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Case Study 1 – Asset Backed Loan
Type/Location: Sligo, Ireland;
Purpose of loan: bridging loan;
Loan value: £2.75m;
Interest Serviced: Quarterly;
Term: 12 months;
Security value: £4.3m;
Security: first charges over two Sligo properties and an English
residential property;
Completion: November 2018;
Repayment strategy: long term refinance once income streams
have been improved;
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Case Study 2 – Asset Backed Loan
Type/Location: Trust/Isle of Man & Edinburgh;
Purpose of loan: bridging loan;
Loan value £4.65m;
Interest Serviced: Rolled up;
Term: 9 months;
Security value: £7.24m;
Security: legal charge over two properties, Debentures & Charge
over the shares of the joint borrowers;
Completion: August 2017;
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Case Study 3 – Asset Backed Loan for conversion
Type/Location: Gibraltar/Company;
Purpose of loan: bridging loan;
Loan value: £3.87m;
Interest Serviced: Quarterly;
Term: 12 months;
Security Value: £6.45m;
LTV: 60%;
Security: first legal mortgage over the property, a debenture from
the company and guarantees from the beneficial owners;
Repayment strategy: refinanced from traditional lender;
Completion: March 2017;
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Contact Details (UK & Ireland)
Andrew Oppe
Regional Director, London and
South East
Sancus UK
e andrew.oppe@sancus.com
t +44 (0) 3301 003636
Peter Hudson
Director, Property Finance
Sancus UK
e peter.hudson@sancus.com
t +44 (0)1256 898000
Sancus UK
Richard Whitehouse
Sales Director,
Sancus UK
E richard.whitehouse@sancus.com
t +44 (0) 3301 003636
Sancus BMS (Ireland)
Dan Walker
Managing Director
Sancus UK
e dan.walker@sancus.com
t +44 (0) 3301 003636
Michael Mooney
Managing Director,
Sancus BMS (Ireland)
E michael.mooney@sancus.com
t +353 (0)1 477 3611
Geoff Savage
Director of Lending
Sancus BMS (Ireland)
E geoff.savage@sancus.com
t +353 (0)1 477 3612
Matt Speed
Head of Sales, Working Capital
Sancus UK
e matt.speed@sancus.com
t +44 (0)3301 003636
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Contact Details (Jersey, Guernsey, Gibraltar & Isle of Man)
Michael Hennessy
Managing Director,
Sancus IOM
e michael.hennessy@sancus.com
t +44 (0)1624 604101
Matt Watson
Managing Director,
Sancus Guernsey
e matt.watson@sancus.com
t +44 (0)1481 713335
Stuart Hamilton
Business Development,
Sancus Jersey
e stuart.hamilton@sancus.com
t +44 (0)1534 708902
Stephen House
Business Development,
Sancus Jersey
e stephen.house@sancus.com
t +44 (0)1534 708908
Stephen O’Brien
Managing Director,
Sancus Gibraltar
e stephen.obrien@sancus.com
t +350 200 13702
Lino Brydges
Business Development,
Sancus Gibraltar
e lino.brydges@sancus.com
t +00 350 200 13705
Rachael Bajard
Business Development,
Sancus IOM
e rachael.bajard@sancus.com
t +44 (0)1624 604104
Chris Taylor
Business Development,
Sancus Guernsey
e chris.taylor@sancus.com
t +44 (0)1481 713335
Donal Carroll
Business Development,
Sancus IOM
e donal.carroll@sancus.com
t +44 (0)1624 604100
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Important Information and Disclaimer
Legal Disclaimer (page 1 of 2)
This Presentation (this "Document") relates to Sancus BMS Group Limited (the "Company") and its subsidiaries (the "Group") and has been delivered to you (a "recipient") for
information only. This Document does not constitute an offer or invitation to subscribe for shares or other securities issued by the Group, is not capable of acceptance by any
recipient and shall not form the basis of any contract or other arrangement between any member of the Group (or any other person) and any recipient (in any jurisdiction). Without
prejudice to the generality of the foregoing, the issue of this Document shall not be deemed to be any form of commitment on the part of the Company (or any other person) to
proceed with any investment.
The information in this Document, which does not purport to be comprehensive, has been provided by the Company and has not been independently verified.
Whilst this Document has been prepared in good faith, no representation, warranty or undertaking, express or implied, is or will be made, and no responsibility or liability is or will
be accepted by the Company or by any of its officers, employees, agents or advisers, in relation to the accuracy or completeness of this Document, the information contained in
this Document or any other written or oral information made available to any interested party or its advisers in connection with this Document, and any such liability is expressly
disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation, warranty or undertaking is given as to the achievement or reasonableness of
any future projections, management estimates, prospects or returns contained in this Document or in such other written or oral information. Each recipient acknowledges and
agrees by accepting this Document that no person has, nor is held out as having, any authority to give any statement, warranty, representation, or undertaking on behalf of the
Company. The foregoing provisions of this paragraph shall not limit the liability of any person in respect of fraud or otherwise as prohibited by applicable laws.
The Company gives no undertaking to provide any recipient with access to any additional information or to update this Document or any additional information, or to correct any
inaccuracies in it which may become apparent.
Any recipient of this Document should note that this Document does not constitute an offer to the public to subscribe for securities in any member of the Group and has not
therefore been approved by any regulatory authority anywhere in the world.
Sancus (Jersey) Limited is registered with the Jersey Financial Services Commission under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 to carry out the
business of providing lending services, including consumer credit, mortgage credit, factoring (with or without recourse) and financing of commercial transactions (including
forfeiting). As a result of this registration Sancus (Jersey) Limited is required to comply with certain procedures to prevent and detect money laundering in accordance with the
guidance issued by the Jersey Financial Services Commission from time to time. Sancus (Jersey) Limited is also registered with the Jersey Data Protection Commissioner.
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Important Information and Disclaimer
Legal Disclaimer (page 2 of 2)
Sancus (Guernsey) Limited is a non-regulated financial services business under the Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) Law, 2008
as amended by the Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) Law, 2008 (Amendment) Ordinance, 2008. This law has no effect on the
conduct of business of Sancus (Guernsey) Limited except for the requirement to carry out certain measures in connection with anti-money laundering and combating the financing of
terrorism measures in accordance with the guidance issued by the Guernsey Financial Services Commission from time to time. Sancus (Guernsey) Limited is also registered with the
Guernsey Data Protection Commissioner.
Sancus Finance Limited, BMS Finance AB Limited, Sancus BMS Group Limited and Sancus BMS (Ireland) are not regulated by the United Kingdom Financial Conduct Authority or
by the Central Bank of Ireland.
Sancus (IOM) Limited holds a Money Lending Licence issued by the Isle of Man Office of Fair Trading under the Moneylenders Act 1991, which regulates private lending in the Isle
of Man. Sancus (IOM) Limited is also registered with the Isle of Man Information Commissioner.
Sancus (Gibraltar) Limited holds a Moneylender's Licence issued by the Gibraltar Financial Services Commission under the Financial Services (Moneylending) Act 1917, which,
together with the Moneylending Rules 1917 regulates private lending in Gibraltar. Sancus (Gibraltar) Limited is also registered with the Gibraltar Data Protection Commissioner.
Sancus BMS (Ireland) Limited is a company registered in Ireland and is also registered with the Data Protection Commission.
Sancus Funding Limited is authorised and regulated by the Financial Conduct Authority and registered with the Information Commissioner's Office under the Data Protection Act
1998.
Editor's Notes
FundingKnight - FCA Authorised July 2017, currently managed within Sancus Finance, to be brought into the Sancus BMS Group 2018
As at 31/12/18
live ABL £209m and cumulative ABL £575m
Live ID/SCF £11m and cumulative £250m