iLoans

We’re pleased to have acted as lead adviser to Intelligent Financing Limited (Intelligent Financing), a Cardiff-based specialist broker on its sale to 1pm plc.

Intelligent Financing, which trades as Intelligent Loans, is owned by Directors Alun Winter and Robert Coles, who founded the business in 2010. The FCA-regulated brokerage firm is an award-winning specialist lending packager focussed on mortgages, secured loans, bridging finance and commercial lending.

Based in the centre of Cardiff, Intelligent Financing earns commission income from a wide panel of lenders and a growing network of approximately 1,200 introducers from whom a significant level of repeat business is generated.

Our Corporate Finance team led by Partner, Gary Partridge, worked with Alun and Rob over a period of six months to prepare the business for sale, ensuring that the due diligence process and the transaction itself proceeded smoothly to completion. The team delivered the entire sale process and successfully identified 1pm plc, the AIM listed provider of finance facilities for SMEs, as a strategic purchaser for the business. The team then negotiated the transaction which will deliver up to £2 million in proceeds for the shareholders.