International Finance

Sancus BMS Group exceeds £800m in funding on their fifth anniversary

Sancus BMS Group, the specialist alternative finance firm founded in 2013 has announced that it has provided over £800m of funding.

Sancus works with SMEs, fiduciaries, corporates, entrepreneurs and asset rich, cash constrained HNWs offering flexible bridging and development finance, working capital finance and credit insured cash flow funding.

The Group also provides opportunities to co-funders offering, risk-adjusted returns above the lower interest rates offered by more traditional asset categories by matching them to borrowers and users of working capital finance. Sancus participates in each transaction with its own capital, alongside its co-funders.

Following considerable growth of opportunities in Ireland, Sancus is now expanding its Dublin based operation this year with the creation of two new senior roles, these appointments shall be officially announced by the company in August. The growth of asset-backed lending in Ireland means that Sancus shall be offering borrowers Euro denominated loans in the latter half of 2018 and Sancus co-funders further portfolio diversification ahead of Brexit.

Andrew Whelan (CEO) said, “This year has seen the launch of our online reporting platform for Co-Funders of asset-backed loans, a new £50m funding line, the integration of Funding Knight into the Sancus Group and continued growth across the business. We aim to supply £1bn of funding to SMEs, HNWs and entrepreneurs by 2020 and based on the opportunities we have seen in the market place I am very confident that we will achieve this target.”


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