Funding Options Ltd

3278 days ago

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

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

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