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Post by Financial Thing on Jan 7, 2016 11:49:30 GMT
parag I'm considering investing in FE. Since your loan book is still smaller in size, can you tell me how you plan to expand? I suppose I'm mostly concerned a about how FE is financially staying afloat with such a small loan book? Thanks
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Post by parag on Jan 7, 2016 12:05:10 GMT
Financial Thing The business was funded by myself until Paratus AMC Ltd. acquired a majority stake in us back in July 2015. Paratus are now funding the entire business and have a balance sheet of around £70m to support this along with strong cash reserves. I will send you a PM with some further details.
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Post by loanstar on Jan 30, 2016 18:04:15 GMT
I think we would all like to see a copy of that PM. Why not post a copy here?
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Post by parag on Jan 30, 2016 18:12:07 GMT
loanstar The PM stated that I would be more than happy to have a call to discuss in more detail, that's all.
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