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Post by shyinvestor on Nov 17, 2017 16:49:59 GMT
Can anyone give any info on Capitalrise? It is an investment company owned by Gallium Fund Solutions Ltd, who also own PropertyCrowd. It is not clear to me whether Capitalrise deals in p2p loans or property shares or what. Has anybody personal knowledge?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Nov 17, 2017 17:08:27 GMT
Can anyone give any info on Capitalrise? It is an investment company owned by Gallium Fund Solutions Ltd, who also own PropertyCrowd. It is not clear to me whether Capitalrise deals in p2p loans or property shares or what. Has anybody personal knowledge? Its not owned by GFS (nor is Property Crowd) They are an authorised representative of GFS whixh mean that rather than get their own FCA permissions they pay GFS to operate under theirs. Their ISA is run by another Gallium company. They offer both loans & equity investments. I havent used them so cant shed much light from that side.
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Post by dan1 on Nov 17, 2017 17:59:16 GMT
Can anyone give any info on Capitalrise? It is an investment company owned by Gallium Fund Solutions Ltd, who also own PropertyCrowd. It is not clear to me whether Capitalrise deals in p2p loans or property shares or what. Has anybody personal knowledge? Its not owned by GFS (nor is Property Crowd) They are an authorised representative of GFS whixh mean that rather than get their own FCA permissions they pay GFS to operate under theirs. Their ISA is run by another Gallium company. They offer both loans & equity investments. I havent used them so cant shed much light from that side. Further to ilmoro's post, see the FCA Register register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000003Jh5XvAAJ
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Post by shyinvestor on Nov 18, 2017 10:37:07 GMT
Thanks for info. Should have thought to look at FCA site. Guess I will have to register with Capitalrise to get a closer look.
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james21
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Post by james21 on Jan 20, 2018 11:23:48 GMT
Very little information on Capitalrise on the board. I am looking for high interest platforms to invest IFISA for the new tax year (in addition to the IFISAS I already have) and Capitalrise offer one. Anyone here invested that can offer feedback on experiences?
This platform may well be like property crowd who also have IFISA but few loans come up so little opportunity to diversify
Thanks
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IFISAcava
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Post by IFISAcava on Jan 21, 2018 9:33:37 GMT
Very little information on Capitalrise on the board. I am looking for high interest platforms to invest IFISA for the new tax year (in addition to the IFISAS I already have) and Capitalrise offer one. Anyone here invested that can offer feedback on experiences? This platform may well be like property crowd who also have IFISA but few loans come up so little opportunity to diversify Thanks Yes - you have to see diversity in context of other ISAs you have, it will be a handful of loans in these platforms only. For Capital Rise I wouldn't put new ISA money in as will be hard to invest £20000. In any event you do an investment per offer rather than deposit and then invest. I'd say if you like a loan they have, transfer in some spare ISA cash from elsewhere, but put new/current year money somewhere else.
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rs
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Post by rs on Mar 16, 2018 19:42:37 GMT
Very little information on Capitalrise on the board. I am looking for high interest platforms to invest IFISA for the new tax year (in addition to the IFISAS I already have) and Capitalrise offer one. Anyone here invested that can offer feedback on experiences? This platform may well be like property crowd who also have IFISA but few loans come up so little opportunity to diversify Thanks Yes - you have to see diversity in context of other ISAs you have, it will be a handful of loans in these platforms only. For Capital Rise I wouldn't put new ISA money in as will be hard to invest £20000. In any event you do an investment per offer rather than deposit and then invest. I'd say if you like a loan they have, transfer in some spare ISA cash from elsewhere, but put new/current year money somewhere else. Launched another loan today at 8% pa 60odd LTV for 12 months. Tempting but not sure if I have any spare isa funds.
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hantsowl
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Post by hantsowl on Mar 5, 2019 1:13:07 GMT
I am tempted to invest but one of their faqs has me concerned..... www.capitalrise.com/faq#for-investors-what-happens-if-the-developer-goes-out-of-businessIf the developer goes out of business and therefore defaults you will want to take action to try to access the original capital you invested. How you would go about this will vary depending on the structure of the particular investment you hold and will be explained in the investment document related to that investment. As an example, if you held a debt product you would normally benefit from some form of security in the form of a legal charge and your investment document would explain how you would go about forcing the sale of the property in order to access your invested capital. Please note that receiving the full amount invested is not guaranteed and it is possible you will lose money should this situation arise. Refer to our risk page for more information on how CapitalRise seeks to prevent this from arising and what happens if it does. >>>Does this mean that if a borrower defaults then I as an investor would be expected to take legal action to get my money back??? From my experience with other p2p platforms I would expect this to be handled by them rather than individual lenders. Am I interpreting this correctly or have I got it totally wrong? |
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benaj
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Post by benaj on Mar 5, 2019 9:04:38 GMT
Recently, there have been a few deep-discounted bonds available on capitalrise. I have yet invested in this platform.
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littleoldlady
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Post by littleoldlady on May 27, 2019 21:48:03 GMT
Very little information on Capitalrise on the board. I am looking for high interest platforms to invest IFISA for the new tax year (in addition to the IFISAS I already have) and Capitalrise offer one. Anyone here invested that can offer feedback on experiences? This platform may well be like property crowd who also have IFISA but few loans come up so little opportunity to diversify Thanks Yes - you have to see diversity in context of other ISAs you have, it will be a handful of loans in these platforms only. For Capital Rise I wouldn't put new ISA money in as will be hard to invest £20000. In any event you do an investment per offer rather than deposit and then invest. I'd say if you like a loan they have, transfer in some spare ISA cash from elsewhere, but put new/current year money somewhere else. That's just what I have done. Each time a loan comes along I transfer a wadge from AC (no charges). Loan rate is slow but steady.
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littleoldlady
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Post by littleoldlady on May 27, 2019 22:00:55 GMT
I am tempted to invest but one of their faqs has me concerned..... www.capitalrise.com/faq#for-investors-what-happens-if-the-developer-goes-out-of-businessIf the developer goes out of business and therefore defaults you will want to take action to try to access the original capital you invested. How you would go about this will vary depending on the structure of the particular investment you hold and will be explained in the investment document related to that investment. As an example, if you held a debt product you would normally benefit from some form of security in the form of a legal charge and your investment document would explain how you would go about forcing the sale of the property in order to access your invested capital. Please note that receiving the full amount invested is not guaranteed and it is possible you will lose money should this situation arise. Refer to our risk page for more information on how CapitalRise seeks to prevent this from arising and what happens if it does. >>>Does this mean that if a borrower defaults then I as an investor would be expected to take legal action to get my money back??? From my experience with other p2p platforms I would expect this to be handled by them rather than individual lenders. Am I interpreting this correctly or have I got it totally wrong? If you follow the link you gave you will see that this has been rewritten and is what you expect.
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Ace
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Post by Ace on Oct 30, 2019 22:25:22 GMT
No, I'm in it too.
EDIT: removed comments that made no sense now that posts have been moved.
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littleoldlady
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Post by littleoldlady on Oct 31, 2019 8:57:56 GMT
Chelsea are coming back for more, even though they made a partial repayment a few weeks ago. As I invested in the previous tranche I cannot see any reason to participate in this one other than to replace the amount recently repaid. Otherwise I would go over my individual borrower limit and if I wanted to invest more in this project I could have done so before. Am I missing something?
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Ace
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Post by Ace on Oct 31, 2019 13:45:49 GMT
I really like that they are now limiting investments in the first 24 hours to give more investors a chance to get a slice. I've been put off moving ISA money there in the past as I was concerned that I would suffer too much cash drag while failing to get a slice of loans I wanted. Though to their credit they are better than most in allowing you to make a pledge without funds present then transfer them in if successful.
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littleoldlady
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Post by littleoldlady on Dec 18, 2019 18:30:58 GMT
I had a chunk of Radlett repaid as they are restructuring it. I will not be investing in the new mezzanine loan but I do have an ISA transfer pending for Devonport Rd so I asked CR if they could use my Radlett funds instead and they did it in minutes. Excellent customer service.
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