james
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Post by james on Dec 8, 2014 17:55:48 GMT
I'm considering investing around £20,000 with Ablrate over the next twelve months, possibly two or three times that. To work out how much I might lend per investment I need to have some clue about how many lending opportunities there might be. Any clues, guesses, broad and non-binding guidance or outright speculation on what that number might be and ideally how the opportunities might break down by potential interest rate ranges? Since I'm asking for a prediction of the future I naturally do not expect anything close to perfect accuracy and an error margin or a few hundred percent or more seems reasonable.
By unique I mean counting each borrower/asset combination only once, since the purpose is to estimate diversified lending rate.
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Post by ablrate on Dec 9, 2014 0:05:23 GMT
I'm considering investing around £20,000 with Ablrate over the next twelve months, possibly two or three times that. To work out how much I might lend per investment I need to have some clue about how many lending opportunities there might be. Any clues, guesses, broad and non-binding guidance or outright speculation on what that number might be and ideally how the opportunities might break down by potential interest rate ranges? Since I'm asking for a prediction of the future I naturally do not expect anything close to perfect accuracy and an error margin or a few hundred percent or more seems reasonable. By unique I mean counting each borrower/asset combination only once, since the purpose is to estimate diversified lending rate. Hi james We will post something shortly on estimates for loans etc. We are just working through getting the next couple of loans on the platform. Our CEO is away in the Sates at the moment, back this week, so we should have everything signed and set up and ready to go. Regards Ablrate
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james
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Post by james on Dec 9, 2014 20:56:12 GMT
Thanks. I'll hope that his visit has been productive, relaxing or maybe both.  |
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james
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Likes: 955
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Post by james on Jan 13, 2015 5:05:50 GMT
How are things going with this?
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Post by ablrate on Jan 13, 2015 11:56:59 GMT
How are things going with this? Hi It is tough for us to breakdown how many loans, what category etc, especially on a public forum, simply because some of that information could be commercially sensitive, so forgive us if we are short on detail. However we expect this year to break at least £20 million in loans and perhaps upwards of £50 million. The breakdown buy size would be that the majority of the monetary amount will be aircraft, but the number of loans will be more on the capital equipment and other categories. As we have discussed on here previously, it is not the deal flow that constrains the amount of loans we have, but the amount of funds we have coming through the platform that constrains that amounts of deals we can put through the platform. After essentially a beta period of operation, we are now increasing marketing, PR and institutional engagement. We have just opened a new customer service office in Henley-on-Thames where will be having investor days and evenings (for the golfers amongst you it looks over the 8th tee of Badgemore Park Golf club... so if you fancy a summer 'meeting' we would be happy to see you!). We are also working feverishly on our new platform which will have tools and functionality that is beyond that available elsewhere. We will be selecting some current investors to come to Henley to have a sneak preview and be involved in the final design and functionality specs. Basically it will be a busy year. Regards Ablrate
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baldpate
Member of DD Central
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Post by baldpate on Jan 13, 2015 13:24:05 GMT
Hi ablrate, when you say " we are now increasing ... institutional engagement", do you mean you are trying to get more institutional investors on board? If so, presumably that will support an increasing deal flow, which will hopefully be the start of a virtuous circle in which small investors like me also feel they can put more into the platform. At the moment the amount I am willing to invest is very limited, in part by the need for concrete evidence that the platform has a long-term future (there are plenty which have spluttered into life, shone briefly, then gone nowhere), in part by the need for diversification - neither of which is satisfied with the current deal flow. In other words, I like what I'm seeing, but there just isn't enough of it! I imagine the opening poster, james, has the same problem. Oh - and don't listen to the web designers when they try to persuade you that you've got to have a flashy website in the latest shades-of-purple colour scheme: you'll find what really counts with serious investors is good, solid functionality that isn't riddled with software bugs (like so many of the present generation of platforms). Look around the other forums and see how much stick other platforms come in for when they make that mistake . Here's looking forward to the coming year Chris |
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Post by ablrate on Jan 13, 2015 16:15:42 GMT
Hi ablrate, when you say " we are now increasing ... institutional engagement", do you mean you are trying to get more institutional investors on board? If so, presumably that will support an increasing deal flow, which will hopefully be the start of a virtuous circle in which small investors like me also feel they can put more into the platform. At the moment the amount I am willing to invest is very limited, in part by the need for concrete evidence that the platform has a long-term future (there are plenty which have spluttered into life, shone briefly, then gone nowhere), in part by the need for diversification - neither of which is satisfied with the current deal flow. In other words, I like what I'm seeing, but there just isn't enough of it! I imagine the opening poster, james, has the same problem. Oh - and don't listen to the web designers when they try to persuade you that you've got to have a flashy website in the latest shades-of-purple colour scheme: you'll find what really counts with serious investors is good, solid functionality that isn't riddled with software bugs (like so many of the present generation of platforms). Look around the other forums and see how much stick other platforms come in for when they make that mistake . Here's looking forward to the coming year Chris Hi Chris Yes, our deal flow will increase with institutional support of which we have a lot of interest, (alongside Synth who are already investing). This will increase dealflow. One thing we are making clear to institutions is that we will always leave something in each loan for our retail lenders.... and the new site will look better (we might as well upgrade while we are doing the new one)... but we are concentrating on tools and functionality for users and have selected an excellent UK development company that are, frankly, awesome. We have learned from what is on here and our experience with version one... and not to a small extent to the feedback we have had on here and from our lenders. We are interested n design, but function is coming first on the new platform...... and purple is not an option...  Regards Ablrate
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unmadem
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Post by unmadem on Jan 13, 2015 17:19:38 GMT
I can see how institutional support is good for you but I am not clear how it improves the deal flow. Perhaps you could expand on this please.
If you are doing a new site can I encourage you to do lots and lots of testing before releasing it. (There are professional testers and companies who specialise in this if you don't have the expertise in this. I don't work for one, just interested in avoiding the pain of some other upgrades).
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Post by phoenix on Jan 13, 2015 18:34:31 GMT
I can see how institutional support is good for you but I am not clear how it improves the deal flow. Perhaps you could expand on this please. What they said above about it being "the amount of funds we have coming through the platform that constrains that amounts of deals we can put through the platform" would seem to answer that.
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james
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Post by james on Jan 15, 2015 20:39:19 GMT
Unmadem, deals need a certain amount of money. At the moment it is unlikely that retail investors can meet the money need so institutional lenders can top up the money requirements. More deals also means more diversification for lenders, particularly retail investors. A lot of non-airplane deals at least in the first year or two because the relatively low value of those can help with diversification while the lender base is growing.
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Post by GSV3MIaC on Jan 29, 2015 11:43:38 GMT
We are interested n design, but function is coming first on the new platform...... and purple is not an option... Regards Ablrate Oh good .. function over form would always be my choice. Apart from 'no purple' (at least no pale/illegible purple), the other constraint would be to make good use of display real estate. Yeah, OK, we all have widescreen dual 28" or 32" monitors, of course we do .. well no, I guess we don't, and on a tablet or smartphone some websites are quite likely to get sued for RSI in the scrolling finger.
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Post by ablrate on Jan 29, 2015 16:05:50 GMT
We are interested n design, but function is coming first on the new platform...... and purple is not an option... Regards Ablrate Oh good .. function over form would always be my choice. Apart from 'no purple' (at least no pale/illegible purple), the other constraint would be to make good use of display real estate. Yeah, OK, we all have widescreen dual 28" or 32" monitors, of course we do .. well no, I guess we don't, and on a tablet or smartphone some websites are quite likely to get sued for RSI in the scrolling finger. Hi Our developers are coding right now and we will be working with the designers as we go along.... we will be running some investor feedback days, so if anyone would like to come along, let us know and we will include you on the invites. Regards Ablrate
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Post by GSV3MIaC on Jan 29, 2015 18:03:53 GMT
Thanks for the offer .. But I expect you'd want me somewhere urban and unpleasant. If you're ever in rural Shropshire, we'll make it a date. 8>.
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Post by ablrate on Jan 30, 2015 9:47:55 GMT
Thanks for the offer .. But I expect you'd want me somewhere urban and unpleasant. If you're ever in rural Shropshire, we'll make it a date. 8>. LOL... Badgemore Park in Henley is our nice office for clients... its only urban and unpleasant London for us finance grunts... although to be fair More London is a great place to work. Regards Ablrate
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