Nomad
Member of DD Central
Posts: 727 
Likes: 494
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Post by Nomad on Apr 24, 2018 12:15:57 GMT
Project Size: £300,000
Term: 24 Months
Interest Rate: 9.0% p.a.
Loan Type: Secured
Apparently the first of a series to raise 1.5m.
Also two new loans to existing borrowers...
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m2btj
Member of DD Central
Posts: 626
Likes: 749
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Post by m2btj on Apr 24, 2018 14:19:51 GMT
Nice to see a new client on the platform. I'm reluctant to keep investing in the same merry-go-round of companies.
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Nomad
Member of DD Central
Posts: 727
Likes: 494
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Post by Nomad on Apr 28, 2018 9:23:22 GMT
Project Size: £300,000 Term: 24 Months Interest Rate: 9.0% p.a. Loan Type: Secured Apparently the first of a series to raise 1.5m. Also two new loans to existing borrowers... Again the financials provided for the borrower are very brief and devoid of comments - e.g. why is profit forecast to drop in 2018? The other new offering, T* Me***n***l, is equally terse, and 2018 profit is forecast to be 1/3 of 2017's. The Executive Summaries are pure waffle. By comparison, the I****g*n offering on Wise Alpha boasts a 728 page prospectus!
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