coop
Member of DD Central
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Post by coop on Feb 23, 2015 10:39:41 GMT
I'm looking at putting some money on the platform but the deal flow seems very sluggish; with only 5 in the pipeline (that are visible to investors at least). Are there more in the wings we are yet to hear about?
I like the premise of the site and other than ironing out some issues with selling items after loans default - which I think should get better and easier with more practice and more experience if FS learn from their mistakes - my biggest fear for this site is it goes kaput due to not enough activity making it unprofitable.
Anyone from FS care to comment to allay my fears?
Thanks
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Post by fundingsecure on Feb 24, 2015 8:04:09 GMT
Apologies for the delay in responding - in the meantime we have been able to add several more potential deals to the pipeline. As always thwere is no guarantee of them going ahead but they are all currently being processed. There are, as always, many more deals in the very early stages which are not shown.
Rest assured that we are working to increase both the number and the value of deals appearing on the platform, through agents, brokers and introducers - in addition to the standard marketing and sales channels.
Our growth rate to-date has been significantly greater than we initially anticipated and, based on the leads we are now receiving, we expect this acceleration to continue. We are well positioned to handle this continued growth.
FundingSecure
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coop
Member of DD Central
Posts: 714
Likes: 571
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Deal Flow
Feb 25, 2015 9:16:24 GMT
via mobile
Post by coop on Feb 25, 2015 9:16:24 GMT
Fair enough! I've made a deposit so we'll see how it goes...
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mikes1531
Member of DD Central
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Post by mikes1531 on Feb 25, 2015 16:00:54 GMT
Fair enough! I've made a deposit so we'll see how it goes... : Did you manage to have your deposit credited in time to invest in the loan that went live at 1000 today? I think it was available for about an hour and a half before it was fully funded.
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Post by yorkshireman on Feb 25, 2015 16:28:48 GMT
coop: Did you manage to have your deposit credited in time to invest in the loan that went live at 1000 today? I think it was available for about an hour and a half before it was fully funded. Depends whether he received advance notification or not, I’m still waiting for an email informing me of the time this loan is going live. Not good enough FS. 
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Post by fundingsecure on Feb 25, 2015 16:33:56 GMT
Yorkshireman - emails were sent out to all registered members yesterday.
If you didn't receive one let me know (PM, email, livechat) your email address / username and I will check to make sure you are included.
FundingSecure
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coop
Member of DD Central
Posts: 714
Likes: 571
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Deal Flow
Feb 25, 2015 16:55:40 GMT
via mobile
Post by coop on Feb 25, 2015 16:55:40 GMT
Fair enough! I've made a deposit so we'll see how it goes... : Did you manage to have your deposit credited in time to invest in the loan that went live at 1000 today? I think it was available for about an hour and a half before it was fully funded. I can't fault them! Email was in my 'Promotions' part of my inbox in my gmail account last night. I made a deposit about 8pm and it was confirmed at 9.10 this morning. Managed to remember to log in and buy a loan part at 10 too!
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mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
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Post by mikes1531 on Feb 25, 2015 19:33:46 GMT
I can't fault them! Email was in my 'Promotions' part of my inbox in my gmail account last night. I made a deposit about 8pm and it was confirmed at 9.10 this morning. Managed to remember to log in and buy a loan part at 10 too! That's all good news! Congratulations on picking up your first FS loan. And best of luck picking up as much more as you'd like.
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