HWSIL, using a targeted investment strategy, focuses on market segments which are and, in the opinion of the Investment Adviser, will continue to be, under-served by the mainstream banking sector.
In particular, HWSIL’s lending and investment activities is primarily focused on the secured SME lending market within the UK. The Investment Adviser believes that this market segment continues to be under-served due to the combination of relatively modest individual loan size and the need for skilled credit analysis, which has caused other alternative lenders to focus their efforts elsewhere.
Through a combination of skilled investment analysis, the experience of the Investment Adviser’s investment team and a focus on under-served lending segments, the Company believes that it is well positioned to capitalise on this opportunity.
The Company invests in Loans, which are predominantly secured upon a variety of asset types. The types of Loans that the Company targets includes the following:
General Commercial Loans to Businesses
This type of lending may be secured against a range of business assets, including, but not limited to, real estate, plant and machinery, inventory, trade receivables and intellectual property rights.
The Company may finance equipment, including agricultural equipment, aircraft, industrial and manufacturing machinery, coastal marine vessels, power generation and vehicles. Such Loans may be structured as equipment leases, as hire purchase contracts or as other types of Loans and will typically be secured against the equipment.
Specialised Financial Services
There are a number of regional financial services companies providing finance to small businesses for general corporate purposes, capital improvements, and other business purposes. The Company may finance portfolios or loans, leases or other financial assets originated by such financial services companies that provide contractual revenue streams from the underlying borrowers.