Equity investment in Connective Lending

nyneil
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Equity investment in Connective Lending Jan 17, 2022 10:24:02 GMT Ton ⓉⓞⓃ and dave4 like this

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Post by nyneil on Jan 17, 2022 10:24:02 GMT

This looks encouraging for CL's future: www.p2pfinancenews.co.uk/2022/01/14/connective-lending-nets-new-equity-investment-after-bumper-first-year/

I don't have a subscription to P2PFN, but the first few lines of this article are saying that "Connective Lending has secured £125,000 of equity investment from senior executives involved with high street pawnbroker Cash Converters."

ilmoro
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Equity investment in Connective Lending Jan 17, 2022 14:07:37 GMT via mobile nyneil likes this

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Post by ilmoro on Jan 17, 2022 14:07:37 GMT

Jan 17, 2022 10:24:02 GMT nyneil said:

This looks encouraging for CL's future: www.p2pfinancenews.co.uk/2022/01/14/connective-lending-nets-new-equity-investment-after-bumper-first-year/

I don't have a subscription to P2PFN, but the first few lines of this article are saying that "Connective Lending has secured £125,000 of equity investment from senior executives involved with high street pawnbroker Cash Converters."

Dont need a subscription, incognito mode gives you access

Minor shareholder in AC, BO, FO, CP, WA, Pfi, Ccube, Sdrs, AE, ABL. AC beta test. LAG, MTAG, FSAG

PLEASE NOTE : All opinions and observations made on this forum are my own view and made in a personal capacity. I have no links to any platform nor am I a financial professional so posts should not be considered financial advice or promotion. I accept no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained in my posts.

Ton ⓉⓞⓃ
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I'm a mini A.C. & Loanpad shareholder, used to be on A.C. & Zopa. Investor on SoMo & Seedrs

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Equity investment in Connective Lending Jan 17, 2022 20:36:30 GMT

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Post by Ton ⓉⓞⓃ on Jan 17, 2022 20:36:30 GMT

Thanks for highlighting this. Not much info just tidbits, "in profit next year" etc.

Slightly surprised/annoyed to read in the much earlier article (https://www.p2pfinancenews.co.uk/2021/09/03/meet-p2ps-newest-pawn-star/)

about a plan to move into property. Is this still on the cards anyone know?

I'm an observer from the sidelines at the moment, I'll probably invest in the coming tax year

Last Edit: Jan 17, 2022 22:04:22 GMT by Ton ⓉⓞⓃ: Add last line

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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd

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Equity investment in Connective Lending Jan 17, 2022 21:46:24 GMT Ton ⓉⓞⓃ likes this

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Post by ilmoro on Jan 17, 2022 21:46:24 GMT

Jan 17, 2022 20:36:30 GMT Ton ⓉⓞⓃ said:

Thanks for highlighting this. Not much info just tidbits, "in profit next year" etc.

Slightly surprised/annoyed to read in the much earlier article (https://www.p2pfinancenews.co.uk/2021/09/03/meet-p2ps-newest-pawn-star/)

about a plan to move into property. Is this still on the cards anyone know?

A casual browse of the website would suggest yes www.connectivelending.com/borrow/enquiry?asset=9

They have always suggested they would do some property but in a limited manner.

Minor shareholder in AC, BO, FO, CP, WA, Pfi, Ccube, Sdrs, AE, ABL. AC beta test. LAG, MTAG, FSAG

PLEASE NOTE : All opinions and observations made on this forum are my own view and made in a personal capacity. I have no links to any platform nor am I a financial professional so posts should not be considered financial advice or promotion. I accept no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained in my posts.

df
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Equity investment in Connective Lending Jan 18, 2022 13:45:18 GMT Ton ⓉⓞⓃ likes this

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Post by df on Jan 18, 2022 13:45:18 GMT

Jan 17, 2022 20:36:30 GMT Ton ⓉⓞⓃ said:

Thanks for highlighting this. Not much info just tidbits, "in profit next year" etc.

Slightly surprised/annoyed to read in the much earlier article (https://www.p2pfinancenews.co.uk/2021/09/03/meet-p2ps-newest-pawn-star/)

about a plan to move into property. Is this still on the cards anyone know?

I'm an observer from the sidelines at the moment, I'll probably invest in the coming tax year

I think the idea is still there, but there is no indication of expanding into property yet. However, in recent newsletter they have mentioned the intention to expand into luxury vehicles and fine art.