9.8 / 10
 Wales

Asset management firm in Wales, specializing in luxury lending market funding, seeking funds for expansion.

Key Business Facts
Yearly Sales USD 1.5 million
EBIDTA Margin Nil
Industries Asset Management
Locations  Wales
Business Overview
- Asset management firm located in Wales, specializing in providing funding to companies operating in the luxury goods market.
- The business model involves the clients investing in the company and in return the company re-investing in other firms, and as of now, the company has 5 clients, comprising both individual investors and investment companies.
- Currently invested in one firm and is seeking to expand its investments to more companies in the near future.
- The company retains 14% of the returns from its investments.
- The company's approach to funding differs from traditional pawnbrokers, as it does not deal directly with individuals seeking finance through the pledge of assets. Instead, it provides funding to companies that engage in this type of financing.
- The average global rate for pawnbrokers is estimated to be 5% per month; however, the company's focus on higher echelon assets and operating at a secondary level leads to its decision to use this rate.
- Business has a Financial Conduct Authority (FCA) license.
- There are 3 permanent employees, additionally, there are agents stationed at various locations.
Products & Services Overview
Asset management firm - clients investing in the company and in return the company re-investing in other firms.
Clients comprise of both individual investors and investment companies.
Currently invested in one firm.
Capitalization Overview
The business is funded by way of private individuals and family offices looking to make generous returns. There are 2 shareholders in the business. No outstanding loans or liabilities.
Assets Overview
The company at the moment holds no assets but will once we start lending to other investors.
Seeking Loan
USD 320 thousand for 12.0% annual interest, 5 years (Native Currency: GBP 250,000)
Reason: Seeking funds to invest in lending companies who wish to lend in the luxury goods market.
Collateral Available: USD 63 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business