RM Funds accredited by the British Business Bank

RNS Number : 3005P
RM Infrastructure Income PLC
18 October 2021
 

RM Funds accredited by the British Business Bank under the Recovery Loan Scheme

 

RM Funds announce that the firm has been accredited as a lender by the British Business Bank to provide loans through the Recovery Loan Scheme ("RLS").

The Recovery Loan Scheme supports access to finance for UK businesses as they recover and grow following the COVID-19 pandemic. Funds from the scheme can be used for any legitimate business purpose, including managing cashflow, growth and investment. It is designed to appeal to businesses that can afford to take out additional finance for these purposes. Businesses who have accessed a CBILS, CLBILS or BBLS facility are also able to access the RLS scheme.

 

Pietro Nicholls, Portfolio Manager, RM Funds, commented: "We are delighted to continue the relationship with the British Business Bank as an accredited delivery partner for the Recovery Loan Scheme. The Covid-19 pandemic led to unprecedented stress for UK SMEs, disrupting business operations, cash flow and the livelihoods of stakeholders. As we now emerge from the pandemic, RM Funds in partnership with our institutional investors and as an RLS lender aims to support UK businesses in achieving their strategic objectives and the next phase of their growth."

 

James Robson, Chief Investment Officer, RM Funds, further commented: "RM Funds provides catalytic capital. We have always been conscious of our ability to positively impact society through the generation of economic, environmental, and social benefits. The accreditation from BBB will see RM Funds further support UK businesses as they continue to recover from the global health pandemic."

 

About RM Funds 

RM Funds is an alternative investment manager. Founded in 2010, with offices in Edinburgh, and London. The firm manages capital on behalf of institutional investors, multi-asset allocators, family offices, and wealth managers. RM Funds is a trading name of RM Capital Markets Limited.

RM Funds is a signatory to the Principles of Responsible Investment.

For more information about the Recovery Loan Scheme, please visit:

www.rm-funds.co.uk/rls

 

 

About the Recovery Loan Scheme

The Recovery Loan Scheme is managed by the British Business Bank ("BBB") on behalf of, and with the financial backing of, the Secretary of State for Business, Energy, and Industrial Strategy. British Business Bank PLC is a development bank, wholly owned by HM Government.

 

About RM Infrastructure Income 

RM Infrastructure Income Plc is a closed-ended investment trust established to invest in a portfolio of secured debt instruments.

The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

 

 

For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls

Thomas Le Grix De La Salle

Tel: 0131 603 7060

 

International Fund Management - AIFM

Chris Hickling

Shaun Robert

Tel: 01481 737600

 

Tulchan Group - Financial PR

Elizabeth Snow

Oliver Norgate

Tel: 0207 353 4200

 

PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary

Brian Smith

Ciara McKillop

Tel: 020 4513 9260

 

Singer Capital Markers Advisory LLP - Financial Adviser and Broker

James Maxwell

Asha Chotai

Tel: 020 7496 3000

 

Peel Hunt LLP - Financial Adviser and Broker

Luke Simpson

Liz Yong

Tel: 020 7418 8900

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