Post by qwackers on Sept 17, 2016 2:59:57 GMT
I've just had another strange communication from FK. I see FKs comms to lenders are no longer signed by anyone. What has happened to the lovely Kay?
The content alarms me more - as if we haven't been spooked enough in last few months by lack of loans and closure of secondary market. FK is bringing back the secondary market - hooray, about time, it should never have been closed in the first place - but the market will not be open to large investors. Does this mean that FK knows there are large investors wanting to sell all their loans and they don't want to give them access to the market? Are there things we should know that large investors may know? Is this a fair system - allowing some lenders to participate, but stopping others from doing so?
What are GLI's plans for FK? The FK website continues to advertise for green energy, property and business loans, but the only new loans we've seen since they took over is two or three small loans to businesses. Does that mean FK is actually out of the market for property and green energy? Is the lack of deal flow down to an inability to find loans or because GLI is not providing funding to the platform? Does the platform still want private investors, or is it intentionally driving them away so it can simply be a vehicle for GLI? The new CEO owes us an explanation.
The content alarms me more - as if we haven't been spooked enough in last few months by lack of loans and closure of secondary market. FK is bringing back the secondary market - hooray, about time, it should never have been closed in the first place - but the market will not be open to large investors. Does this mean that FK knows there are large investors wanting to sell all their loans and they don't want to give them access to the market? Are there things we should know that large investors may know? Is this a fair system - allowing some lenders to participate, but stopping others from doing so?
What are GLI's plans for FK? The FK website continues to advertise for green energy, property and business loans, but the only new loans we've seen since they took over is two or three small loans to businesses. Does that mean FK is actually out of the market for property and green energy? Is the lack of deal flow down to an inability to find loans or because GLI is not providing funding to the platform? Does the platform still want private investors, or is it intentionally driving them away so it can simply be a vehicle for GLI? The new CEO owes us an explanation.
