|
Post by Collateral Rep on Jul 21, 2017 10:55:17 GMT
Morning,
We have one new loan available now. This loan is offering interest at a rate of 12%.
1) Property Development Loan (2nd Drawdown) Interest P/A - 12% Loan value of £105,000 (value £420,000) LTV - 70%. Loan Term - 6 months Bid Limit - None
You can see this loan in Available Loans now - this loan is offering interest at a rate of 12% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 2, 2017 9:16:07 GMT
Morning,
We have one new loan available now. This loan is offering interest at a rate of 12%, plus a Cashback Incentive.
CASHBACK INCENTIVE ON THIS LOAN
Any purchase made whilst the Primary Market is active receives cashback.
Any purchase made whilst the Secondary Market is active, does not receive cashback.
Cashback will be paid to investors the day after drawdown.
For Investments of £0.00 - £4,999.99 – 0.25% Cashback For Investments of £5,000.00 - £9,999.99 – 0.5% Cashback For Investments of £10,000.00 - £24,999.99 – 1.0% Cashback For Investments of £25,000.00 - £49,999.99 – 2.0% Cashback For Investments of £50,000.00 - £99,999.99 – 3.0% Cashback For Investments of £100,000.00 + – 4.0% Cashback
1) Property/Land Loan Interest P/A - 12% Loan value of £735,000 (value £1,050,000) LTV - 70%. Loan Term - 6 months Bid Limit - None
You can see this loan in Available Loans now - this loan is offering interest at a rate of 12% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 4, 2017 9:24:22 GMT
Morning,
We have another of the Bolton development loans available now with no pre-funding and no bid limits.
1) Development Loan - Great Moor Street, Bolton (5th Drawdown) Interest P/A - 14% Loan value of £430,000 (GDV Value £8,515,000) Investors in this loan rank behind the first loan BL00026. All subsequent development loans will rank equally but will not exceed a maximum LTV of 69%. Loan Term - 5 months Pre Fund - None Bid Limit - None
You can see this loan in Available Loans now - this loan is offering interest at a rate of 14% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 15, 2017 10:48:03 GMT
Morning,
We have a new loan going live tomorrow at 10am (Wednesday 16th August 2017), this loan is now in Pipeline with Pre-Funding available.
1) 5 Piece Jewellery Loan Interest P/A - 10% Loan value of £33,100 (value £93,985) LTV 35.22% Loan Term - 6 months Pre Fund - £50 Bid Limit - £25 (total £75)
You can see this loan in Pipeline now - the loan is offering interest at a rate of 10% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 16, 2017 14:20:58 GMT
Afternoon,
We're conscious of the latest development loan DL00004 slowing down. We appreciate the support investors give Collateral and the loans we add to the platform, but this one may need a further incentive and structure to get this development loan over the line.
We are comitted to completing the development of this project but appreciate liquidity maybe an issue. So we have decided to reduce the loan amounts of each further tranche, which we hope will help the Secondary Market.
Also we will be raising the interest rate to 15% on all further tranches. This loan and the remaining development loans will rank behind all previous loans outlined below.
DL00001, DL00002, DL00003 and DL00004 rank behind the first loan BL00026.
The latest development loan DL00005 and future development loans associated with this project will rank behind DL00001, DL00002, DL00003 and DL00004.
Hopefully this will help get this loan filled so we can complete this project.
This loan is now in Available Loans.
1) Development Loan - Great Moor Street, Bolton (6th Drawdown) Interest P/A - 15% Loan value of £100,000 (value £8,515,000) LTV 69% Loan Term - 5 months
You can see this loan in Available Loans now - the loan is offering interest at a rate of 15% per annum.
Again, thanks for all your support.
Gordon
|
|
|
Post by Collateral Rep on Aug 16, 2017 17:04:01 GMT
Evening,
We have one new loan available now. This loan is offering interest at a rate of 15%.
1) Development Loan - Great Moor Street, Bolton (7th Drawdown) Interest P/A - 15% Loan value of £100,000 (value £8,515,000) LTV 69% Loan Term - 5 months
You can see this loan in Available Loans now - the loan is offering interest at a rate of 15% per annum.
Again, thanks for all your support.
Gordon
|
|
|
Post by Collateral Rep on Aug 17, 2017 8:59:10 GMT
Morning,
We have one new loan available now. This loan is offering interest at a rate of 15%.
1) Development Loan - Great Moor Street, Bolton (8th Drawdown) Interest P/A - 15% Loan value of £100,000 (value £8,515,000) LTV 69% Loan Term - 5 months
You can see this loan in Available Loans now - the loan is offering interest at a rate of 15% per annum.
Again, thanks for all your support.
Gordon
|
|
|
Post by Collateral Rep on Aug 30, 2017 14:56:26 GMT
Afternoon,
We have one new loan available now. This loan is offering interest at a rate of 12%.
1) Property Loan Interest P/A - 12% Loan value of £108,500 (value £155,000) LTV - 70%. Loan Term - 6 months Bid Limit - None
You can see this loan in Available Loans now - this loan is offering interest at a rate of 12% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 31, 2017 10:18:41 GMT
Morning,
We have one new loan available now. This loan is offering interest at a rate of 14%.
As before we appreciate liquidity maybe an issue. So we have decided to reduce the loan amounts and split into three tranches, which we hope will also help the Secondary Market.
This is the first of three tranches (total value £212,640), with the first being £72,640 followed by a further two loans of £70,000, once fully funded the next loan will go live.
Each loan will have a £1,000 bid limit lasting for 3 hours.
1) Property Development Loan (2nd Drawdown) Interest P/A - 14% Loan value of £72,640 (GDV value £11,845,000) LTV - 60%. Loan Term - 6 months Bid Limit - £1,000
You can see this loan in Available Loans now - this loan is offering interest at a rate of 14% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 31, 2017 11:36:06 GMT
Afternoon,
We have a new loan going live tomorrow at 10am (Friday 1st September 2017), this loan will be in Pipeline at 1pm today with Pre-Funding available.
1) Grouped Jewellery Loan Interest P/A - 10% Loan value of £50,000 (value £100,905) LTV 49.55% Loan Term - 6 months Pre Fund - £50 Bid Limit - £50 (total £100)
You can see this loan in Pipeline at 1pm today - the loan is offering interest at a rate of 10% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Aug 31, 2017 13:27:17 GMT
Afternoon,
We have another one of the Darwen development loans available now. This loan is offering interest at a rate of 14%.
1) Property Development Loan (3rd Drawdown) Interest P/A - 14% Loan value of £70,000 (GDV value £11,845,000) LTV - 60%. Loan Term - 6 months Bid Limit - £1,000
You can see this loan in Available Loans now - this loan is offering interest at a rate of 14% per annum.
Thanks for all your support,
Gordon
|
|
|
Post by Collateral Rep on Sept 1, 2017 5:50:42 GMT
Morning,
We have another (3/3) of the Darwen development loans available now. This loan is offering interest at a rate of 14%.
1) Property Development Loan (4th Drawdown) Interest P/A - 14% Loan value of £70,000 (GDV value £11,845,000) LTV - 60%. Loan Term - 6 months Bid Limit - £1,000
You can see this loan in Available Loans now - this loan is offering interest at a rate of 14% per annum.
Thanks for all your support,
Gordon
|
|
|
Post by Collateral Rep on Sept 1, 2017 6:59:47 GMT
Morning,
Just to let you know, we're working on at least one property loan for this morning and possibly another.
I'll post again with full details when ready.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Sept 1, 2017 9:22:45 GMT
Morning,
We have one new loan going live at 11am this morning. This loan is offering interest at a rate of 12%.
1) Property Loan Interest P/A - 12% Loan value of £189,000 (value £270,000) LTV - 70%. Loan Term - 6 months Bid Limit - £2,000 for 6 hours
You can see this loan in Available Loans at 11am - this loan is offering interest at a rate of 12% per annum.
Many thanks,
Gordon
|
|
|
Post by Collateral Rep on Sept 4, 2017 15:59:53 GMT
Afternoon,
We have one new loan available now which we have split into 4 parts. This loan is offering interest at a rate of 13%, plus a Cashback Incentive.
1) Property/Land Bridge Loan (Split into 4 Parts to help liquidity) Interest P/A - 13% Loan value of £845,000 (value £1,3000,000) Loan Part 1 - £215,00 Loan Part 2 - £210,00 Loan Part 3 - £210,00 Loan Part 4 - £210,00 LTV - 65% Loan Term - 6 months Bid Limit - None
You can see this loan in Available Loans now - this loan is offering interest at a rate of 13% per annum.
Many thanks,
Gordon
|
|