Capital & Syndication

Allocation, primary auction, secondary market and the Tranched interface

Ignite is system of record for loans; Tranched for notes issued against them

Capital committed

£101,900,000

6 lender mandates

Capital deployed

£84,547,000

83% utilisation

Undrawn capacity

£17,353,000

Available for allocation

Lender positions

632

Across the live book

Lender mandates

Committed capital, deployment and realised yield

LenderTypeCommittedDeployedUtilisationNet yield
Northgate Capital PartnersInstitutional£42,000,000£36,120,000
86%
9.80%
Cavendish Income FundInstitutional£28,500,000£22,515,000
79%
9.40%
Selwyn NomineesFamily office£12,000,000£10,920,000
91%
10.50%
Ravensworth LLPFamily office£8,400,000£6,216,000
74%
10.10%
Brightwater TrustCharitable trust£6,200,000£4,216,000
68%
8.90%
Ignite Retail PoolRetail syndicate£4,800,000£4,560,000
95%
11.20%

Tranched integration

Outbound API and webhook surface

POST/loans/assignment

Loan assigned to note pool

POST/loans/{id}/performance

Daily position & arrears state

GET/borrowing-base

Eligible collateral snapshot

POST/events/repayment

Receipt allocated in ledger

POST/events/default

Facility entered recoveries

GET/reconciliation

Positions agreed with note register

Last reconciliationAgreed · 06:15 today

Primary auction

Facilities open for allocation

Kelverton Trading

BLN10000 · Asset Purchase · 9.75%

£1,500,000
82% allocated across 2 bidscloses 04 Jul 2026

Pentland Developments

BLN10002 · Growth Capital · 8.50%

£5,500,000
64% allocated across 1 bidscloses 07 Jul 2026

Eastgate Technologies

BLN10003 · Refinance · 7.25%

£3,350,000
41% allocated across 1 bidscloses 11 Jul 2026

Verwood Foods

BLN10004 · Management Buy-Out (MBO) · 9.75%

£2,500,000
95% allocated across 1 bidscloses 15 Jul 2026

Secondary market

Loan parts listed for transfer

PartFacilitySizePriceYield to buyer
BLN10014-P1Redhills Holdings£90k1.0027.28%
BLN10016-P2Oakhaven Industries£41k0.9946.09%
BLN10017-P3Quarrymill Systems£64k1.0006.05%
BLN10018-P4Brackenhill Retail£40k0.9877.41%

Transfers settle in the ledger as a change of attribution — the borrower position is untouched and the audit trail is continuous.