msenanna
Member of DD Central
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Post by msenanna on Nov 29, 2017 20:55:12 GMT
Hi All Latest update from Ablrate included announcement regarding the new Portfolio Loans coming soon to the platform. Wondered what other, more experienced lenders, thought of this development? So far I have stayed away from the auto invest platforms as feel I want to learn about P2P, DD and have some autonomy on what type of investments I make (although some people's DD puts mine to shame  ). However I like Ablrate so am interested in what this may look like. What are others thoughts on this? PS. This may well be being discussed in DD Central, unfortunately I am not a member yet. |
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hazellend
Member of DD Central
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Post by hazellend on Nov 29, 2017 20:56:43 GMT
There have not been enough details yet to comment.
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Post by mrclondon on Nov 29, 2017 21:37:32 GMT
I can confirm no such discussion has/is taking place on DD Central, and as @new2p2p says it wouldn't be the place for it.
Most of the posts made on DD Central have been made by me and are links to DD resources concerning loans on FS/MT/COL/L (companies house, planning portals, estate agents, media outlets etc.). There is minimal discussion on most of the threads beyond the occaisonal Q&A clarification of details posted and the occaisonal correction.
I'm not an ABL lender so since DDC launched just two threads have been started on the ABL DD sub-board, one containing links to DD on a new loan to a pub, and one regarding a loan to something related to fishing.
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msenanna
Member of DD Central
Posts: 73
Likes: 41
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Post by msenanna on Nov 29, 2017 22:13:00 GMT
Thanks all, just thought others might be privy to either more info (e.g. if Ablrate do something like a Pro Club - can't remember if that was ABL or MT?) or seen it before elsewhere so had a view on how it could look.
I shall await developments!
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elliotn
Member of DD Central
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Post by elliotn on Nov 30, 2017 1:51:52 GMT
Thanks all, just thought others might be privy to either more info (e.g. if Ablrate do something like a Pro Club - can't remember if that was ABL or MT?) or seen it before elsewhere so had a view on how it could look. I shall await developments! MT have provided off-platform lending opportunities to select investors and abl’s description of their pro-club suggests that less standard, individual opportunities are sometimes shown to select investors to test viability so presumably an auto-option doesn't fit that tailored due diligence remit either as with DD-C. They do currently have some borrowers that offer credit facilities to their own customers (without seemingly counting as wholesale financing per fca remit) for trade finance and leases. Pure speculation on my part as to whether it will include formalising facilities like these or some such, definitely a wait and see as you say  .
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). However I like Ablrate so am interested in what this may look like.
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