huxs
Member of DD Central
Posts: 300 
Likes: 218
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Post by huxs on Sept 16, 2015 9:27:36 GMT
emoney
I am a big fan of your site but was wondering what plans you have to increase loan volumes? While I am not a big hitter so am happy to stay with the site even a current volumes, I can't see how you are anywhere near turning a profit on your current volumes and obviously want you to grow to ensure my investments stay safe 
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Post by emoney on Sept 25, 2015 10:05:55 GMT
Hi Huxs, we're completing loans weekly, have completed 2 six figure equity placements this year for cash and have been investing heavily in our compliance and infrastructure. Our financial position is robust and we have the backing of many HNW Investors who have been increasing their personal equity stake in the platform. We are still receiving record volumes of applications and will approach £100,000,000 of loan applications very soon, we have no urgency to approve loans just for the sake of it and will continue to underwrite new loan applicants diligently. I hope this answers your question. |
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