Structured Finance Solutions – Quarterly Bulletin – April-June 21

Last October, PMD launched its new boutique division – Structured Finance Solutions

As banks and traditional funders regress following the turbulence of the COVID 19 pandemic, PMD has assembled a team of experienced finance specialists to offer an alternative and refreshing approach to corporate finance and restructuring transactions.

Working with a panel of over 100 diverse funding partners we offer fast, flexible, and competitive structured finance solutions.

The new Structured Finance Quarterly Bulletin complements this offering and the dedicated support offered to SMEs, Corporate Financiers and Business Advisors. You can read the full launch article below, as seen in BusinessLive (MEN).

Update from Structured Finance Director, Callum Bull:

The appetite for transactional funding has increased in the last year and the deals market remains buoyant.

The pandemic took its toll on a few business owners who decided enough was enough, and this was further compounded by the expected increase to Capital Gains Tax (CGT) in the Spring Budget, which hasn’t yet materialised.

The level of deal activity spiked in the final quarter of the financial year and the versatility of CBILS helped get many deals over the line. The Recovery Loan Scheme (RLS) is equally being heralded as a key instrument for corporate finance and restructuring transactions but the tidal wave of CBILS applications in March seems to have delayed the scheme somewhat. The British Business Bank is still going through the process of accrediting many lenders.

The RLS window as it stands is short with it due to expire at the end of the year.

 High street banks continue to reserve their credit appetite for transactional funding for the highest quality of credit covenants, whilst the alternative finance market is eager to lend. Many transactions can be completed by a variety of component lending mechanisms via asset based lending and cash flow facilities.

At least for now, CGT remains unchanged. Many business owners will have one eye on the various muted tax increases that the Chancellor will have to phase in to start chipping away at the pandemic deficit. Combined with the availability of funding, this will no doubt create more deal activity moving into the new financial year.

After a fantastic start following the launch of our Structured Finance division in October 2020, we continue to see strong demand for a multi-faceted business finance provider to support corporate and restructuring funding requirements.

Summary of transaction success since the launch of PMD Structured Finance Solutions:

  • TRANSACTIONS: OVER £41M
  • AVERAGE DEBT FACILITY: £1.2M
  • CLIENTS SUPPORTED: 22
  • ACQUISITIONS: 10
  • MBOs: 6

Find out more about how PMD can secure your clients the most comprehensive and appropriate funding solutions available in the market – whatever their specific needs.

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