Balder
Member of DD Central
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Post by Balder on Jun 30, 2021 5:12:33 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. Looks as if ambition was far greater than ability. Said individual now also seems to have gone from linkedin where profile stated this adventure as a great success! Containers and Ablrate don't have a good history.
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blender
Member of DD Central
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Post by blender on Jun 30, 2021 7:07:24 GMT
I believe that originally this loan stemmed from the opportunity demonstrated by the two now-failed loans and that the failed borrower was involved contractually in 33 - and had to be replaced. So these three loans had common origins and some common factors, at least at the start.
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Balder
Member of DD Central
Posts: 641
Likes: 614
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Post by Balder on May 26, 2022 10:19:53 GMT
So this loan has been in default for over a year and still no report. Company created and run by Ablrate employee who then left and now is not cooperating, really! Care to comment ablrate? |
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Post by ablrate on Jun 17, 2022 16:00:04 GMT
So this loan has been in default for over a year and still no report. Company created and run by Ablrate employee who then left and now is not cooperating, really! Care to comment ablrate ? It is with the IP and until they let us know where they are at, there is nothing to report.
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