kaya
Member of DD Central
Posts: 1,150
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Post by kaya on Oct 17, 2015 18:55:56 GMT
FAO Funding Empire: you have a good repayment record for SME loans, perfect in fact, but have you abandoned this model completely now? The Asset-backed model may perhaps be a safer investment, but it is also a rather off-puttingly complicated set-up, and may deter some people. So far, your judgement for taking on fairly new SME businesses seems good, and far better that some others that I could mention.
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Post by parag on Oct 18, 2015 17:14:30 GMT
FAO Funding Empire: you have a good repayment record for SME loans, perfect in fact, but have you abandoned this model completely now? The Asset-backed model may perhaps be a safer investment, but it is also a rather off-puttingly complicated set-up, and may deter some people. So far, your judgement for taking on fairly new SME businesses seems good, and far better that some others that I could mention. Hi kayaThank you for the feedback, much appreciated. At this time we are not accepting any new SME loan requests however lenders can still pick up loan parts for these loans on our secondary loan market. We are working to simplify how we describe the asset-backed model on the website and will be holding webinars and lender evenings where lenders can get closer to the team and the model. We are also looking to launch some new asset backed lending products in the near future. Kind Regards, Parag
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