SL is an offshore alternative secured lending business, which makes loans to Channel Islands-based entrepreneurs, SMEs, high net worth individuals and professionals. The acquisition will provide GLI Finance with an existing loan book and an income stream from SL's current loan book, the SL network of contacts and market presence which will provide the enlarged Group with potential access to a wide pool of capital from Channel Islands-based high net worth individuals and family offices and, it also brings additional experienced management with loan origination and underwriting capabilities to develop and drive growth in the Company's proprietary loan book.