archie
Posts: 1,839 
Likes: 1,842
|
Post by archie on Oct 26, 2017 15:34:57 GMT
It would have been helpful if the email told us which existing borrower.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Oct 26, 2017 15:50:08 GMT
I guess it is another AF loan.
|
|
ptr120
Member of DD Central
Posts: 1,198
Likes: 1,346
|
Post by ptr120 on Oct 26, 2017 16:01:30 GMT
I'm guessing more portacabins
|
|
treeman
Member of DD Central
Posts: 1,026
Likes: 557
|
Post by treeman on Oct 26, 2017 16:13:28 GMT
I'm wondering if the 5pm kick-off hints at the SM business being sorted by tomorrow afternoon? If it turn out to be so then the fix is going to take one hell of a stress-test in the run-up  |
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 26, 2017 16:22:43 GMT
Fortunately I had already been selling off car loans from a certain borrower. If OG is right, it will not matter anyway.
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
Member is Online
|
Post by stub8535 on Oct 26, 2017 17:55:17 GMT
Could be another in the licensed trades. More smouldering days anyone?
|
|
|
|
Post by dan1 on Oct 26, 2017 18:24:59 GMT
I'm guessing more portacabins My best guess too given the only existing amortising loans at 13% are to F******* P********* Ltd. Additionally, security is via chattel mortgage as per loan #076.
|
|
|
|
Post by dan1 on Oct 27, 2017 16:07:21 GMT
I'm guessing more portacabins My best guess too given the only existing amortising loans at 13% are to F******* P********* Ltd. Additionally, security is via chattel mortgage as per loan #076. Indeed it is. Loan Live. 27% funded already
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Oct 27, 2017 16:17:44 GMT
note they only have planning permission for 2 of the 4 lodges?
|
|
|
|
Post by dan1 on Oct 27, 2017 16:33:51 GMT
note they only have planning permission for 2 of the 4 lodges? ... and my guess would be that once they have planning permission and the business has a trading history they'll seek to refinance at a lower rate, but hopefully not too far from the final payment for those who've purchased at a premium on the SM!
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Oct 27, 2017 16:39:56 GMT
note they only have planning permission for 2 of the 4 lodges? ... and my guess would be that once they have planning permission and the business has a trading history they'll seek to refinance at a lower rate, but hopefully not too far from the final payment for those who've purchased at a premium on the SM! Not sure if the PP is an issue but guess Abl are happy but don't give them ideas
|
|
|
|
Post by dan1 on Oct 27, 2017 16:41:09 GMT
... and my guess would be that once they have planning permission and the business has a trading history they'll seek to refinance at a lower rate, but hopefully not too far from the final payment for those who've purchased at a premium on the SM! Not sure if the PP is an issue but guess Abl are happy but don't give them ideas It was intended as a warning to those who purchase on the SM at a premium.
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on Oct 27, 2017 16:43:19 GMT
61% after 41 minutes lokkin good
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 27, 2017 16:49:01 GMT
note they only have planning permission for 2 of the 4 lodges? ... and my guess would be that once they have planning permission and the business has a trading history they'll seek to refinance at a lower rate, but hopefully not too far from the final payment for those who've purchased at a premium on the SM! A wise observation. I always look at what the total cost is, and Ablrate get 10% up front plus 1% per month! That is more income that all the lenders combined! Best to consider this a short-term opportunity for the minimum 12 months, I think. I'm in.
|
|
daveb
Member of DD Central
Posts: 240
Likes: 197
|
Post by daveb on Oct 27, 2017 19:38:55 GMT
Just gone past 80% now
|
|
