- Client: UK National & Resident
- Share Value: Circa £205M
- Loan Amount: Circa £20M+
Enness was approached by a UK national seeking to raise liquidity against a significant holding in a European venture-backed private company. The client was looking to purchase a property, but a substantial proportion of their wealth was concentrated in shares in the business and was therefore not readily accessible without a liquidity event.
The client wanted to explore a financing solution that would allow them to access capital without selling their shares or pledging other assets. In particular, they required a non-recourse structure secured against the private company shares alone.
This presented a significant challenge. Traditional lenders rarely provide finance secured solely against unlisted private company shares, particularly where the borrower is not willing to provide additional security or a personal guarantee. The specialist nature of the underlying asset and the limited liquidity of private shares meant that a lender with an appetite for this type of transaction was required.
Enness approached specialist lenders with experience in unlisted stock lending and identified a lender willing to assess the underlying business, its venture capital backing and the value of the client's shareholding. We secured terms for a short-term facility of circa £20M+, structured against the private company shares and aligned with the client's requirements.
The solution provided the client with access to substantial liquidity while allowing them to retain their shareholding and avoid pledging additional personal assets. This demonstrated the importance of identifying a lender able to assess the underlying strength and characteristics of a private company rather than relying solely on conventional lending criteria.
This case highlights Enness's ability to arrange bespoke securities-backed lending solutions for high-net-worth entrepreneurs whose wealth is concentrated in private or unlisted companies. Where traditional lenders may be unable to assist, our specialist lender network allows us to explore alternative liquidity solutions tailored to the client's circumstances.
If you are seeking to raise liquidity against private company shares or other complex assets, speak to a Securities-Backed Lending Specialist to explore your options.
Enness does not give advice on Securities Backed Lending or investments (or Luxury Asset Financing), and lender introductions are unregulated. This case study is for information and illustrative purposes only and nothing contained within should be construed as advice or a recommendation and is not an invitation to buy or sell securities.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
