SteveT
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Post by SteveT on Jan 22, 2018 11:45:03 GMT
Sad news for investors... loan is expected to repay early Feb. This was one of my favorites. And mine . I'd love to see more loans like this, ie. low LTV asset-backed security for successful trading businesses (even at 9-10%). But I guess most of these don't need to resort to P2P to raise finance.
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Post by sirkillalot on Jan 22, 2018 11:46:49 GMT
Yes this was a nice loan - but it was rather hard to build a large position due to its popularity
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elliotn
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Post by elliotn on Jan 22, 2018 16:50:03 GMT
F&P, the introducer, also active on TC and Blend.
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KoR_Wraith
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Post by KoR_Wraith on Jan 27, 2018 16:06:22 GMT
Yes this was a nice loan - but it was rather hard to build a large position due to its popularity Ironically it hung about for ages when it was first launched.
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Post by carol167 on Feb 5, 2018 14:30:06 GMT
All the P*****s R*********s loans seem to be imminently about to repay :
"22/01/2018 This loan together will all loans to P*****s R*********s is expected to repay on or around the 4th February as they have secured mainstream bank finance. "
Shame as some had several years still to run. Might free up the SM a bit though.
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jlend
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Post by jlend on Feb 5, 2018 17:33:59 GMT
All the P*****s R*********s loans seem to be imminently about to repay : "22/01/2018 This loan together will all loans to P*****s R*********s is expected to repay on or around the 4th February as they have secured mainstream bank finance. " Shame as some had several years still to run. Might free up the SM a bit though. Agreed, there is several million coming back via Prestbury, Self Storage, etc very soon. It will be interesting to see how much is invested in the SM or withdrawn, assuming no more new loans are released.
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treeman
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Post by treeman on Feb 14, 2018 9:43:11 GMT
Update just posted on site " ...............that this loan is likely to be repaid by close of business tomorrow (15th)"
Nice to have good news however early. Now to figure out what to do with the funds ............
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elliotn
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Post by elliotn on Feb 14, 2018 9:55:34 GMT
Update just posted on site " ...............that this loan is likely to be repaid by close of business tomorrow (15th)" Nice to have good news however early. Now to figure out what to do with the funds ............ 2.1M of MTs finest on SM.
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treeman
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Post by treeman on Feb 14, 2018 10:07:42 GMT
Update just posted on site " ...............that this loan is likely to be repaid by close of business tomorrow (15th)" Nice to have good news however early. Now to figure out what to do with the funds ............ 2.1M of MTs finest on SM. Oh yea, so there is. Unfortunately, I'm holding what and how much I want of the current crop.
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SteveT
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Post by SteveT on Feb 14, 2018 10:12:25 GMT
Update just posted on site " ...............that this loan is likely to be repaid by close of business tomorrow (15th)" Nice to have good news however early. Now to figure out what to do with the funds ............ 2.1M of MTs finest on SM. Given the current selling queues, there should be some attractive discounted parts in other loans to reinvest in Doh, now I remember, that would be Funding Secure / Ablrate / Assetz (occasionally) / Huddle, but not MT
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drgonzo
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Post by drgonzo on Feb 16, 2018 16:22:50 GMT
All repaid now.
Farewell P*******, you will be missed. We shall (probably) not see its like again.
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