Panmure Gordon, a leading independent institutional stockbroker and investment bank, has advised GLI Finance Limited ("GLI Finance" or "the Company"), a specialist provider of finance to small to medium sized enterprises both directly and through a variety of finance platforms, in its acquisition of Sancus Limited and Sancus (Guernsey) Limited (“SL”) for a total consideration of £37.75 million by issuing new Ordinary Shares and new redeemable zero dividend preference shares in the Company. 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.