in Definitions.
A type of hybrid-capital used to provide non-dilutive finance to rapidly growing firms. Typical growth capital investments will include a debt instrument, as well as an equity component in the form of a minority stake, preferred equity or warrant.
in Definitions.
A loan-like transaction, where a company sell its trade receivables to a third party. The sale of the receivables usually occurs at a discount, with the difference between sale price and notional value providing an effective interest to the purchaser.
in Definitions.
The provision of debt capital to small and medium sized businesses (SMEs and MSBs) by private debt funds. Loan sizes tend to be significantly larger than those available in peer-to-peer lending, typically ranging between £2 and £100 million. See also alternative finance and private debt fund
Written by in General Interest.
Most business owners would be able to tell you that a bank takes deposits and gives out loans. However, if you were to ask the same about private debt lenders, they would struggle to respond. Here we explain the structure of a direct lender:
Much like a mutual fund, private debt funds are a specialised ...
Written by in Fundraising.
“Non-dilutive financing is the type of capital acquisition that does not require you to give up shares of your business”,
Scott Shane, Case Western Reserve University
Dilutive financing may be common place and expected in the world of technology start-ups. But for a regional family run business, the idea of having to give up some ...
Written by in Case Studies.
In December 2017, Altimapa successfully secured a 5-year term, 50 million Euro financing for a AASA, a leading consumer lender operating in Finland, Sweden and Poland
Written by , in General Interest.
With the Bank of England (BoE) looking ever more likely to increase rates in the near future, now is the time to start thinking whether your business would benefit most from a fixed or floating interest rate business loan.
Written by in General Interest.
Stay committed in your decisions, but stay flexible in your approach.
Looking for funding from a bank is a well-trodden process. However, whilst the banks provide a useful source of affordable finance and their ‘off the shelf’ product works for many businesses, sometimes a company needs a bespoke product. This flexibility is especially useful if ...
Written by in General Interest.
It has been some time since we’ve updated our alternative finance landscape introduction, and, as 2018 is already rushing past, it feels like the perfect time to do so...
Written by in General Interest.
Finance is full of jargon and technical terms. Here, in this guide, are definitions of the most commonly encountered terms in the world of alternative finance.
Alternative Finance: A broad term to describe the proliferation of channels, companies and instruments that have emerged outside the realm of the traditional financial system. It is most commonly ...