dandy
Posts: 427 
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Post by dandy on Apr 5, 2018 11:03:25 GMT
I was taking the value of loans on the downloadable loanbook via your website. The last month shows ~ £15m. Although I notice that loans 629-660 seem to be missing from the loanbook, which could explain the difference. What are loans 629-660 and why are they not showing anywhere? Good question, hadn't even noticed a break in the numbers. The number is just a database sequence so any errors whilst creating a loan / auction for a loan and numbers can be skipped, they're not intended to be strictly sequential and all in use they're just an internal ID for us that ended up being used by lenders. Looks like something caused a bunch of numbers to be missed, there simply aren't any loans with those numbers in the system. Not all loans are retail funded, although the VAST majority will be. Plus there will be some variance due to total facility size and day one cash draw not being equal, where we will either report the full facility or we report the day one draw but there are subsequent drawdowns against that would then count against the total. There'll be some redemptions and capital repayments as well that can vary the overall size of the loan book. Similar methodology to other platforms as far as I'm aware. Ok thanks - on that basis the £15m appears to be correct then. The last 3 months would be ~ €36m. Anyhow perhaps wiseclerk can confirm where the €36m figure comes from
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Post by chris on Apr 5, 2018 11:06:11 GMT
Good question, hadn't even noticed a break in the numbers. The number is just a database sequence so any errors whilst creating a loan / auction for a loan and numbers can be skipped, they're not intended to be strictly sequential and all in use they're just an internal ID for us that ended up being used by lenders. Looks like something caused a bunch of numbers to be missed, there simply aren't any loans with those numbers in the system. Not all loans are retail funded, although the VAST majority will be. Plus there will be some variance due to total facility size and day one cash draw not being equal, where we will either report the full facility or we report the day one draw but there are subsequent drawdowns against that would then count against the total. There'll be some redemptions and capital repayments as well that can vary the overall size of the loan book. Similar methodology to other platforms as far as I'm aware. Ok thanks - on that basis the £15m appears to be correct then. The last 3 months would be ~ €36m. Anyhow perhaps wiseclerk can confirm where the €36m figure comes from 's figures come from the total displayed on our homepage which includes the other factors I mentioned. It's not an apples to apples comparison.
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Post by wiseclerk on May 3, 2018 18:44:18 GMT
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cb25
Posts: 3,528
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Post by cb25 on May 4, 2018 16:59:53 GMT
No figures for Funding Circle ?
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Post by wiseclerk on Jun 4, 2018 9:49:38 GMT
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Post by wiseclerk on Jul 3, 2018 6:53:15 GMT
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aju
Member of DD Central
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Post by aju on Jul 4, 2018 17:11:52 GMT
wiseclerk, thanks for this, do you by chance have a chart for the monthly lending volumes for Zopa for the last 2 years, they seem to be tailing off a bit percentage wise but are still very high volume wise. Just curious.
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mary
Member of DD Central
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Post by mary on Jul 4, 2018 18:17:48 GMT
Interesting, however most of the Lendy loans offered (further tranches in existing loans, therefore not offering opportunities to diversify, and, as far as I recall, there was either only one or zero new loans) did not fill at the offered amount. Hence the reported figures are likely misleading as to the Platforms ability to raise new money. These figures are indicative, but additionally tracking he actual size of the outstanding loan book (from which most Platforms earn monthly fees) would help us poor investors understand which Platforms are growing and which are declining. This is crucial information to help decide if any figures are a monthly blip, or in fact indicative of terminal decline.
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Post by wiseclerk on Aug 3, 2018 6:45:27 GMT
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Post by wiseclerk on Sept 4, 2018 9:30:06 GMT
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Post by wiseclerk on Oct 2, 2018 11:27:33 GMT
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Post by wiseclerk on Nov 5, 2018 9:41:09 GMT
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shimself
Member of DD Central
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Post by shimself on Nov 5, 2018 10:35:27 GMT
I'm sure I have asked for this before, but the figure you give ar just for a single month, so for many platforms the comparisons with previous month and same month last year are far too prone to giving a false impression, where one big loan can make a huge difference. Can you give the last 12 months comparison please?
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Post by westcountry on Nov 5, 2018 12:02:44 GMT
I know what you mean, shimself, the table is quite hard to make sense of with only the lending volumes of last month & this month last year for comparison. wiseclerk, please would it be possible to add another column, showing this month's lending volume as a percentage of the average monthly lending volume for that company over the past 12 months? |
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shimself
Member of DD Central
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Post by shimself on Nov 5, 2018 18:18:08 GMT
.. wiseclerk , please would it be possible to add another column, showing this month's lending volume as a percentage of the average monthly lending volume for that company over the past 12 months? That will tell us whether the last month was strong or weak, (and if it's the holiday season) but we already have some clues about that.
A 12 months total compared to the previous 12 months (as seen in published accounts) does indicate clearly if it's growth or decline (not the complete answer but a big improvement on what we have now)
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