stevio
Member of DD Central
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Post by stevio on Apr 20, 2016 17:53:23 GMT
ablrate ablrateandy MT have this agreement with their loan: They have also agreed to swap out any defaulted loans with another loan of equal or greater value.Will this be the case for this Ablrate loan as well?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 20, 2016 19:03:02 GMT
I note MT have further ACF loan (property related) in the pipeline. ACF 5% first lost this time.
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blender
Member of DD Central
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Post by blender on Apr 20, 2016 21:01:02 GMT
This new 12% secured loan opportunity is very welcome. I will consider it carefully, but positively.
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stevio
Member of DD Central
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Post by stevio on Apr 20, 2016 21:10:00 GMT
This new 12% secured loan opportunity is very welcome. I will consider it carefully, but positively. 10% on MT
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Post by ablrate on Apr 21, 2016 8:31:46 GMT
ablrate ablrateandy MT have this agreement with their loan: They have also agreed to swap out any defaulted loans with another loan of equal or greater value.Will this be the case for this Ablrate loan as well? Hi Yes it will include a covenant to replace non-performing loans. Regards Ablrate
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SteveT
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Post by SteveT on Apr 21, 2016 8:33:54 GMT
Which loan(s) are you referring to? Both the existing ACF cars loan on MT and the property-backed one shown in the MT pipeline are at 12%, are they not?
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registerme
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Post by registerme on Apr 21, 2016 9:24:05 GMT
SteveT the new partner sourced property loan on MT (removals business) is 10%.
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stevio
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Post by stevio on Apr 21, 2016 10:01:28 GMT
Which loan(s) are you referring to? Both the existing ACF cars loan on MT and the property-backed one shown in the MT pipeline are at 12%, are they not? Your right, ACF371 is 12%, I was getting confused with new partner loan at 10%
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SteveT
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Post by SteveT on Apr 21, 2016 10:07:07 GMT
SteveT the new partner sourced property loan on MT (removals business) is 10%. Indeed. The pipeline MT ACF loan I was referring to is to be secured against 4 pubs, also at 12%.
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