Post by registerme on Jun 15, 2018 16:07:07 GMT
hugoarchover - would you do me a favour please and pass this feedback to the appropriate people? I think it would really help ArchOver, and both your lenders and borrowers, if somebody looked at the loan propositions from a lender's perspective before letting them go live.
Take for example the new "T** C*** S***" loan and the following questions jump out at me in under a minute:-
1. They are seeking £400k but this loan is for £200k to £300k. My guess is that the first tranche will effectively be to repay the FC loan and invest in Sales and Marketing, with the second tranche being the acquisition, but if that's the case a) it could be called out clearly and b) why not just do two loans of £200k?
2. The forecast 2019 drop in net profit and net assets begs questions - why not answer them up front?
3. With the US acquisition what if any USD / GBP hedging strategies will be employed?
4. "ChatBots and AI" doesn't sit very comfortably with the company slogan "Real People. Real Conversations"
.
So it took me longer to write this post than it did to read the borrower documentation provided, I'm sure I'm not the only who thought of these questions......
Cheers,
RM
Take for example the new "T** C*** S***" loan and the following questions jump out at me in under a minute:-
1. They are seeking £400k but this loan is for £200k to £300k. My guess is that the first tranche will effectively be to repay the FC loan and invest in Sales and Marketing, with the second tranche being the acquisition, but if that's the case a) it could be called out clearly and b) why not just do two loans of £200k?
2. The forecast 2019 drop in net profit and net assets begs questions - why not answer them up front?
3. With the US acquisition what if any USD / GBP hedging strategies will be employed?
4. "ChatBots and AI" doesn't sit very comfortably with the company slogan "Real People. Real Conversations"
.So it took me longer to write this post than it did to read the borrower documentation provided, I'm sure I'm not the only who thought of these questions......
Cheers,
RM
. Ho hum, these things happen.