GLI Finance invest £1m in UK Bond Network

UK Bond Network gives listed and unlisted businesses the opportunity to create a bespoke financing structure with terms that suit them, in the form of loans or bonds from £500,000 to £4 million. The platform bridges the gap in the market between the small alternative finance providers and the retail bond market, which is typically not a viable option for businesses seeking less than £20 million.

Geoff Miller, Chief Executive of GLI Finance, said:

"UK Bond Network has achieved impressive growth and is an excellent strategic fit within our portfolio of platforms that provide finance to growing businesses.  I am sure that, given UK Bond Network's talented management team and the demand for the flexible finance that it provides businesses, it will be a great partner for GLI Finance."

Chris Maule, Chief Executive and Founder of UK Bond Network, commented: 

"We are delighted to be welcoming GLI Finance as a significant investor and partner in our business as we reach a stage in our development when we are looking to accelerate our growth. This represents an important strategic step for UK Bond Network and we believe that the experience and expertise of the GLI Finance management team will provide significant value to our business. Our offering is complimentary to GLI Finance's existing portfolio of companies, and as such we expect there to be excellent synergies between the platforms."