Balder
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Post by Balder on Nov 9, 2020 15:20:58 GMT
Anyone know what is actually happening with this loan?
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ptr120
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Post by ptr120 on Nov 9, 2020 17:22:03 GMT
It is being paid down, with circa £180K remaining.
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Balder
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Post by Balder on Nov 9, 2020 18:11:59 GMT
It is being paid down, with circa £180K remaining. I meant actually happening not supposed to be happening.
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ptr120
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Post by ptr120 on Nov 10, 2020 7:26:57 GMT
In which case I'm not sure what you are asking. It has been substantially paid down so far. That is what is both supposed to be happening and what has actually happened. If that will continue to happen to the outlined schedule is anyone's guess at this stage.
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SteveT
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Post by SteveT on Nov 23, 2020 18:45:42 GMT
ablrate, good to receive another modest repayment of capital today but can we please have an update on the state of the business and prospects for repayment of the remaining capital outstanding. Also for the multiple years of rolled-up accrued interest!!
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SteveT
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Post by SteveT on Dec 18, 2020 17:44:36 GMT
ablrate, good to receive another modest repayment of capital today but can we please have an update on the state of the business and prospects for repayment of the remaining capital outstanding. Also for the multiple years of rolled-up accrued interest!! Bump ablrate
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Balder
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Post by Balder on Jan 22, 2021 10:23:58 GMT
Hi ablrate this loan is due to payback within the month. Can you please provide an update on the status, is this going to happen, will there be a delay, will we suffer a capital loss?
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Balder
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Post by Balder on Jan 26, 2021 16:08:11 GMT
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Balder
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Post by Balder on Feb 11, 2021 16:42:31 GMT
ablrate what is happening with this loan, any bad news warning ahead of repayment date would be appropriate.
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nick
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Post by nick on Feb 24, 2021 13:44:11 GMT
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ptr120
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Post by ptr120 on Feb 26, 2021 20:25:29 GMT
SteveT @balder nick You might have noticed that ablrate don't like to talk about shipping containers, so I'm not sure you'll get a reply. In case you haven't seen it, you might want to see the admin note from 17/2 which suggests that bad news is to come early next week.
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SteveT
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Post by SteveT on Feb 28, 2021 18:21:00 GMT
An admin update has been added today for this loan
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blender
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Post by blender on May 6, 2021 13:00:27 GMT
'We hope to have an update next week.
Posted On 01/04/2021 11:12'
Or next month, or maybe we will just forget about it and hope that no-one notices.
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Balder
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Post by Balder on May 19, 2021 8:07:38 GMT
The lack of response from the borrower on this loan is very disappointing especially taking into account that he was an employee of Ablrate when the loan was taken out. I also note that his own linkedin profile congratulates himself on a great success of this venture!
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nick
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Post by nick on Jun 29, 2021 12:12:08 GMT
Another £15,000 received and paid out. Lender has suggested that Abl chase container holders directly regarding timing of future receipts. Attitude of lender is very disappointing, particularly given that one of the two directors and shareholders originated this loan whilst working for Abl.
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