agent69
Member of DD Central
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Post by agent69 on Mar 7, 2019 16:02:36 GMT
I assume the losss are FC not investors (good to se we are all in the same boat)
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SteveT
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Post by SteveT on Mar 7, 2019 16:47:02 GMT
"Funding Circle has been feted as an alternative to banks for those looking to borrow money.
It draws on a pool of funds collected from individuals and firms, which is then lent to small businesses vetted by the company.
But annual losses widened last year to £50.7m. It blamed investment in marketing and the costs of selling shares.
The company sold shares for the first time on the London Stock Exchange last September.
Chief executive Samir Desai said: "Funding Circle is in a strong position financially and operationally, and we are confident of meeting our growth expectations for the year."
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benaj
Member of DD Central
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Post by benaj on Mar 7, 2019 19:23:32 GMT
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SteveT
Member of DD Central
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Post by SteveT on Mar 7, 2019 19:38:28 GMT
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mikeb
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Post by mikeb on Mar 10, 2019 18:24:48 GMT
... and only heading one way. Due south!
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benaj
Member of DD Central
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Post by benaj on Mar 10, 2019 19:05:48 GMT
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Post by GentlemansFamilyFinances on Mar 14, 2019 14:13:19 GMT
I'm thinking of investing in barge poles - I expect significant interest Q2/Q3.
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blender
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Post by blender on Mar 14, 2019 14:23:56 GMT
I'm thinking of investing in barge poles - I expect significant interest Q2/Q3. Good idea, I know where there is a long queue of lenders camped out waiting for their portfolios to reach their turn to sell. They would all be customers for your bargepoles.
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Post by GentlemansFamilyFinances on Mar 14, 2019 14:48:37 GMT
I'm thinking of investing in barge poles - I expect significant interest Q2/Q3. Good idea, I know where there is a long queue of lenders camped out waiting for their portfolios to reach their turn to sell. They would all be customers for your bargepoles. Sounds like Tent Poles are going to be big too!
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blender
Member of DD Central
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Post by blender on Mar 14, 2019 14:54:34 GMT
Good idea, I know where there is a long queue of lenders camped out waiting for their portfolios to reach their turn to sell. They would all be customers for your bargepoles. Sounds like Tent Poles are going to be big too! Do you need a loan for the pole business? To make it fly?
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Post by GentlemansFamilyFinances on Mar 14, 2019 16:12:23 GMT
Sounds like Tent Poles are going to be big too! Do you need a loan for the pole business? To make it fly?
Of course, I wouldn't want to risk any of my own money, would I?
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