paulgul
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Post by paulgul on Apr 24, 2015 10:37:36 GMT
New loan at 11:00 tomorrow Artwork (Including 4 Banksy's) £245,000 13% pa LTV 27.6% No bid restriction More detailsFundingSecure That went quick, just got home hoping to get a slice of the cake and it's finished 
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Post by fundingsecure on Apr 24, 2015 11:17:55 GMT
New loan at 10:00 tomorrow 15th Century Italian Book Collection (2nd Charge) £110,000 13% pa (2% bonus for £10k+) LTV 37.5% (1st and 2nd charges combined) No bid restriction More detailsFundingSecure |
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paulgul
Member of DD Central
Posts: 401
Likes: 92
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Post by paulgul on Apr 24, 2015 12:17:49 GMT
New loan at 10:00 tomorrow 15th Century Italian Book Collection (2nd Charge) £110,000 13% pa (2% bonus for £10k+) LTV 37.5% (1st and 2nd charges combined) No bid restriction More detailsFundingSecure I wish you would put some bidding restriction on these larger loans, as shown by todays loan, unless you sit at home all day there is no chance for most of us to get a look in
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mikes1531
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Post by mikes1531 on Apr 24, 2015 13:42:33 GMT
New loan at 10:00 tomorrow 15th Century Italian Book Collection (2nd Charge) £110,000 13% pa (2% bonus for £10k+) No bid restriction I wish you would put some bidding restriction on these larger loans, as shown by todays loan, unless you sit at home all day there is no chance for most of us to get a look in : I understand your frustration, especially considering you missed out on today's loan by only a few minutes. That loan was, however, a bit of a special case in that it was a £245k replacement for two previous loans totalling £335k, so much of the money coming out of the old loans went into the new one, filling it very quickly. I think something similar happened on today's ruby loan rollover. That was an official renewal, so investors in the first loan would have been allowed to roll their investment forward automatically. I don't know how much of that loan was available when it appeared on the website, but it probably wasn't much, and it probably disappeared instantly despite the £25 bid limit. I didn't see it until it was fully funded. IMHO, tomorrow's loan is unlikely to fill quickly. FS lenders already have lent £955k against that set of books, so they may not want much more exposure despite the attractive interest rate and seemingly low LTV. I know I won't be putting as much into this tranche as I have into some of the earlier ones.
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mikes1531
Member of DD Central
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Post by mikes1531 on Apr 24, 2015 13:45:06 GMT
Looking at the valuation listing for the 22 pieces of art securing today's loan, I find that the photo of the Burger Boy sculpture on Page 20 is defective. Is this a problem with my download? Or do others see the same issue?
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Post by fundingsecure on Apr 24, 2015 13:51:44 GMT
Mikes
The initial pdf had an error on that picture - it was corrected earlier today - sorry for any confusion.
FundingSecure
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mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
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Post by mikes1531 on Apr 24, 2015 14:47:42 GMT
New loan at 10:00 tomorrow 15th Century Italian Book Collection (2nd Charge) £110,000 13% pa (2% bonus for £10k+) No bid restriction Is it just a coincidence that FS waited until today's large loan was completely funded before announcing tomorrow's loan, with its bonus rate for large investments? How many of the large investors committed to the art loan would have preferred to put their money toward the books loan and earn 15% if they had known this loan was coming so soon?
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Post by fundingsecure on Apr 25, 2015 16:05:48 GMT
New loan at 11:00 on Monday Secured against a watch and ring £1,350 13% pa LTV 67.5% £25 restriction per bid as this is a loan renewal More detailsFundingSecure |
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mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
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Post by mikes1531 on Apr 26, 2015 10:15:15 GMT
New loan at 11:00 on Monday Secured against a watch and ring £1,350 13% pa LTV 67.5% £25 restriction per bid as this is a loan renewal I haven't figured out why FS have bothered to pre-announce this loan. It's not a particularly large loan in the first place, and there's going to be very little of it available to new investors because it's a renewal. I'd expect there to be less than £500 available when it goes live, and FS don't normally give advance notice for loans of that size. Perhaps it's a test of the robustness of their server, to see if it can withstand the flood of browser refresh requests that are bound to arrive around the designated release time.
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Post by fundingsecure on Apr 27, 2015 21:08:06 GMT
New loan at 3pm tomorrow (Tuesday) Secured against a collection of items £19,000 12% pa LTV 63.3% £50 restriction per bid as this is a loan renewal More detailsFundingSecure |
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Post by fundingsecure on Apr 28, 2015 16:31:23 GMT
New loan at 2pm tomorrow (Wednesday) Secured against two watches £3,500 11% pa LTV 71.4% £25 restriction per bid as this is a loan renewal More detailsFundingSecure |
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Post by fundingsecure on Apr 29, 2015 19:53:42 GMT
New loan at 1pm tomorrow (Thursday) Secured against an E-Type Jaguar being restored £25,000 13% pa (NOW CORRECT) LTV 71.4% £500 bid restriction for first 24 hours More detailsFundingSecure |
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Post by fundingsecure on May 1, 2015 20:37:23 GMT
New loan at 11am tomorrow (Saturday) Secured against a TVR £4,000 13% pa LTV 53.3% £25 bid restriction for first 24 hours as it is a renewal More detailsFundingSecure |
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mikes1531
Member of DD Central
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Post by mikes1531 on May 6, 2015 18:19:43 GMT
I can't be sure, because I didn't capture the page previously, but I think that a large loan in the Upcoming Possibilities list has fallen by the wayside.
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bugs4me
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Post by bugs4me on May 6, 2015 18:30:36 GMT
I can't be sure, because I didn't capture the page previously, but I think that a large loan in the Upcoming Possibilities list has fallen by the wayside. IIRC I believe it may have been a property loan
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