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Peer2Peer Finance News | June 17, 2019

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Andy Whelan

GLI Finance’s losses widen

September 25, 2017 |

GLI FINANCE’S losses almost doubled in the first half of 2017, hit by £12.6m of write downs as it continues its planned restructuring of the business.

The Aim-listed firm, which owns peer-to-peer lender Funding Knight, reported a pre-tax loss of … Read More

Sancus completes £12m funding for Heartlands development

July 24, 2017 |

ALTERNATIVE finance provider Sancus has completed a £12m funding deal for a Scottish property development aiming to promote sustainable living on the site of a former coal mine.

The Heartlands development, situated between Glasgow and Edinburgh, along the M8 corridor, … Read More

GLI hires new COO after business turnaround

May 12, 2017 |

GLI FINANCE has hired Aaron Le Cornu as chief operating officer to replace Russell Harte, the business turnaround expert it had brought on board to streamline its group structure last year.

Le Cornu joins from Elian, where he held the … Read More

Platform Black rebranded as Sancus Finance

January 16, 2017 |

INVOICE financing company Platform Black has been rebranded as Sancus Finance as part of a strategic review by its owner GLI Finance.

The newly formed Sancus BMS Group will be the new brand behind a number of GLI Finance’s alternative finance … Read More