Sourced Loan SO7 - C***** Hotel | P2P Independent Forum

stemoss004
Representative of Sourced

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Sourced Loan SO7 - C***** Hotel May 16, 2019 14:42:34 GMT

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Post by stemoss004 on May 16, 2019 14:42:34 GMT

This thread has been created to update and answer any questions about the loan with Sourced, ref S07 - Crosby Hotel

Loan Structure: Debt

Loan Return: 10% PA with a bonus 2% if over £25,000 is invested

Loan Purpose: Commercial to residential conversion

Loan Term: 12 Months

Loan Security: First Charge, Personal Guarantee

Loan Status: Funding

Loan Listing: invest.sourced.co/<redacted>
Happy to answer any questions or queries about Sourced latest loan opportunity.

Last Edit: May 16, 2019 15:59:35 GMT by Admin: To redact asset ID

Ace
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Sourced Loan SO7 - C***** Hotel May 16, 2019 14:59:50 GMT

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Post by Ace on May 16, 2019 14:59:50 GMT

The "Bonus" section of this property's details states that you need to invest in a different property to get the bonus. I assume that this is a copy and paste error. Please can you confirm and correct the details if appropriate.

Also, is it possible to invest in this property via your ISA? And, does the £50 bonus apply within the ISA?

I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

stemoss004
Representative of Sourced

Posts: 11
Likes: 1

Sourced Loan SO7 - C***** Hotel May 16, 2019 15:27:02 GMT

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Post by stemoss004 on May 16, 2019 15:27:02 GMT

Hi

Sorry the bonus section has been updated.

You can invest via your ISA or Pension, if you create a free account and drop me a email on stephen@sourced.co we can send you all the details.

The bonus £50.00 does also apply to the ISA investment.

Happy investing!