Our core business is to incubate and manage specialist lenders. We attempt to identify and investigate comprehensively specialist lending opportunities ideally that possess each following characteristic:

• The assets are relatively homogeneous.
• It is possible to transfer a legal interest in each asset.
• The assets generate predictable, although not necessarily consistent, cash flows.

For each such opportunity, we can undertake each following action:

• Hire an experienced management team, and award contingent (based upon performance triggers) equity to such team.
• Set up a separate legal vehicle.
• Undertake each following action for such vehicle:
• Obtain appropriate authorisations for it.
• Implement our specialist lending platform for it.
• Provide it with a permanent license to use and customise such platform.
• Invest principal capital in, and source external capital for, it.
• Work closely with it over the long-term.

To facilitate our activities in the specialist lending sector, we have made a considerable investment in building a powerful, flexible specialist lending platform, which offers each following benefit:

• It provides the front-, middle-, and back-office functionality that any specialist lender requires.
• It includes each following item:
• a comprehensive suite of legal (including lending) documents
• a voluminous set of ISO-9001- and ISO-27001-calibur operational and workflow process documentation that facilitates a high standard of quality management and compliance
• strong analytics to track individual investments as well as the overall portfolio of investments
• a combination of sophisticated technologies, based upon the full Microsoft stack, including each following item:
• a redundant network architecture
• roughly 100,000 lines of code
• It is robust.
• It is scalable.

We believe that this platform provides early-stage specialist lenders with a distinct competitive advantage by facilitating and expediting their launch and scale-up. We have deployed the platform repeatedly and successfully to incubate and/or manage several secured and unsecured specialist lenders (e.g., Kaizen Credit Limited, 5D Finance Limited (which purchased then rebranded into Interbay)).