|
Post by MoneyThing on Mar 16, 2017 13:53:14 GMT
Afternoon, Yes, will send this out tonight. Kind regards, Ed
|
|
|
Post by MoneyThing on Mar 16, 2017 20:39:40 GMT
Evening,
Pipeline updated (at the top of the thread).
Kind regards,
Ed
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Mar 16, 2017 21:00:56 GMT
Evening, Pipeline updated (at the top of the thread). Kind regards, Ed 88 sounds like it might be breaking new ground for MT, but a lot in there which sounds interesting.
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
|
Post by stub8535 on Mar 19, 2017 11:21:40 GMT
Evening, Pipeline updated (at the top of the thread). Kind regards, Ed 88 sounds like it might be breaking new ground for MT, but a lot in there which sounds interesting. This one will need careful setup given the fca issue over lending for lending purposes. MT would be the company at risk of legal action if the loan is, but I recognise the team would know what they are doing, against the rules.
|
|
hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
|
Post by hazellend on Mar 19, 2017 14:11:35 GMT
This one will need careful setup given the fca issue over lending for lending purposes. MT would be the company at risk of legal action if the loan is, but I recognise the team would know what they are doing, against the rules. Agreed, here I thought the ref to 1:1 secured deals circumvented wholesale lending, will be interesting to see how this pans out, I'm closely monitoring my finance and leasing loans on abl. Is there an issue with finance and leasing loans?
|
|
gt94sss2
Member of DD Central
Posts: 281
Likes: 137
|
Post by gt94sss2 on Mar 19, 2017 14:24:03 GMT
Re:89: For some reason, I had thought Moneything had decided not to do supercar loans in future?
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
|
Post by stub8535 on Mar 19, 2017 14:24:41 GMT
Hi hazellend. The fca sent a message to all p2p ceo stating that it viewed wholesale lending to be against the law. In drilling down I think this means any platform that lends money or facilitates a loan to a company or individual to fund lending by that company is not allowed. There is a thread about it but I cant put my hands on it just now. Any mods or better tech savvy forumites able to add the link please?. I am open to correction if I have read it wrongly. S
|
|
|
Post by vithca on Mar 19, 2017 14:30:03 GMT
Hi hazellend. The fca sent a message to all p2p ceo stating that it viewed wholesale lending to be against the law. In drilling down I think this means any platform that lends money or facilitates a loan to a company or individual to fund lending by that company is not allowed. There is a thread about it but I cant put my hands on it just now. Any mods or better tech savvy forumites able to add the link please?. I am open to correction if I have read it wrongly. S Is this what you were looking for? www.p2pfinancenews.co.uk/2017/02/28/fca-wholesale-lending/
|
|
|
Post by trentenders on Mar 19, 2017 14:35:30 GMT
I thought that it was race cars that they were shying away from, due to the limited marketplace for selling them in the event of default(?).
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
|
Post by stub8535 on Mar 19, 2017 14:37:15 GMT
|
|
|
Post by trentenders on Mar 19, 2017 14:45:50 GMT
Soz - I was responding to the gt94sss2 message at the top of this page, regarding supercars (I should have quoted it, to avoid confusion)
|
|
|
Post by MoneyThing on Mar 19, 2017 15:04:11 GMT
I thought that it was race cars that they were shying away from, due to the limited marketplace for selling them in the event of default(?). Afternoon. The decision was made with respect to racing cars (i.e. not road legal ones). Regards, Ed.
|
|
|
Post by carbonr1 on Mar 21, 2017 11:10:05 GMT
Any pipeline loans going live this week Ed?
|
|
fasty
Member of DD Central
Posts: 1,038
Likes: 388
|
Post by fasty on Mar 22, 2017 18:16:14 GMT
|
|
|
Post by MoneyThing on Mar 22, 2017 19:36:46 GMT
Evening fasty & carbonr1 , Just preparing #84 now and will announce this later this evening. I will hopefully also get the Pipeline update out this evening, if not I will send it first thing in the morning. Kind regards, Ed
|
|