gb007
Member of DD Central
Posts: 131
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Post by gb007 on Mar 6, 2019 13:43:51 GMT
Another new Huddle loan, currently open for funding:
Rate: 16% Term: 24 months Type: Amortising Size: £57.5k
Working capital loan to a freight forwarding company with Debenture & 2nd Charge
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gb007
Member of DD Central
Posts: 131
Likes: 74
|
Post by gb007 on Mar 14, 2019 18:58:45 GMT
This loan now cancelled. Email from Huddle:
Unfortunately in this instance, adverse information has come to light that has made us uncomfortable continuing to support this borrower and the loan is being withdrawn. As annoying as this is for all parties, we hope you appreciate that capital preservation of lender funds is paramount so this decision had to be made. The good news is a new loan has been listed tonight which is now open for funding. Instant returns will be paid as normal for the last week or so the loan was live.
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