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Mercia Asset Management (LSE:MERC) Allowance For Loans And Lease Losses


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What is Mercia Asset Management Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Mercia Asset Management (LSE:MERC) Business Description

Traded in Other Exchanges
N/A
Address
17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA
Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.