oldgrumpy
Member of DD Central
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Likes: 3,233
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Post by oldgrumpy on Feb 13, 2015 16:32:29 GMT
I had to go rummaging to find this thread, been a while... 147, 152 and 154 have just drawn down. £995k of 154 available on the SM. Don't all rush at onceWe might have raised a trot if the interest rate had dropped to around 11.5% from 13.8 rather than 10% (a rate at which we have a wide choice on which to spread our pennies). I roughly halved my stake. 
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ianb
Posts: 161
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Post by ianb on Feb 13, 2015 17:38:20 GMT
I had to go rummaging to find this thread, been a while... 147, 152 and 154 have just drawn down. Nice one AC - 3 loans down all at once - wow - bet the servers are red hot now. Had a very fun half hour selling off surplus stock to make my targets. Can we do this again, please ?
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Post by bracknellboy on Feb 13, 2015 18:41:26 GMT
I had to go rummaging to find this thread, been a while... 147, 152 and 154 have just drawn down. Nice one AC - 3 loans down all at once - wow - bet the servers are red hot now. Had a very fun half hour selling off surplus stock to make my targets. Can we do this again, please ? So the rare (in recent times) event has occurred where I want to get new cash into AC, since my balance has now been swallowed up. Which brings us back to another topic: if AC is going to significantly increase its pipeline and throughput, and therefore presumably have a bit more revenue generation, perhaps it could revisit its mechanism for deposits. It now stands in very sharp contrast to the likes of RS and FC (ok a bit unfair because of the revenue) but also likes of FS. My money might be in by Tuesday......whereas a couple of days ago I must half done about 3 transactions with RS over the space of 12 hours and my money was there as soon as I changed screens. And I've found that FS is there within the space of an hour or two (or less) on the few deposits I've made.
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oldgrumpy
Member of DD Central
Posts: 5,087
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Post by oldgrumpy on Feb 13, 2015 18:57:21 GMT
Totally agree, Brackers! My Lloyds cheque (issued and signed by them, and deposited in my branch Monday morning) finally cleared today, so my "faster" payment made to AC today also won't be added to my account until next Tuesday.  Here's a copy of my posting in another thread (Bank Transfer Times) on Wednesday this week (11 Feb). "Transferred some brass into FK by Bank Transfer "Faster Payment" at 15:28. 
Received email confirmation from FK at 16:21 to say cash received and in place ready to invest. 
It is time AC matched this service, rather than accepting a bank service which ends up with a minimum one full day's delay to us before money becomes available to invest."
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Post by chris on Feb 13, 2015 23:17:31 GMT
Totally agree, Brackers! My Lloyds cheque (issued and signed by them, and deposited in my branch Monday morning) finally cleared today, so my "faster" payment made to AC today also won't be added to my account until next Tuesday. Here's a copy of my posting in another thread (Bank Transfer Times) on Wednesday this week (11 Feb). "Transferred some brass into FK by Bank Transfer "Faster Payment" at 15:28.
Received email confirmation from FK at 16:21 to say cash received and in place ready to invest.
It is time AC matched this service, rather than accepting a bank service which ends up with a minimum one full day's delay to us before money becomes available to invest."
This was discussed at our board meeting on Thursday and we're changing tack on this so we're not reliant on a somewhat slow bank to shower us with technical goodness. We'll be invoking plan b asap but it's going to take a couple of months to shake through as these things are never quick and easy when dealing with third parties and we have the added bonus of having to make sure everything is 100% FCA compliant.
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unmadem
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Post by unmadem on Mar 2, 2015 17:08:24 GMT
helston 156 now drawndown. Think that makes 5 loans in 2015 !
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niceguy37
Member of DD Central
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Post by niceguy37 on Mar 3, 2015 13:01:26 GMT
Northern Ireland Wind Turbine Loan # 135 abandoned.
Email just received:
"Over the last few months, the relationship with the landowner of the site has become increasingly strained, partly due to the length of time that the project is taking, but mainly due to the landowners own personal circumstances. This has led the landowner to repeatedly change his mind agreeing to the lease assignment. It is also taking up more of the borrowers management time than should be necessary to manage this relationship. The uncertainty around this also presents a risk to the business that the director wishes to avoid.
Given that the borrower, AWB, has another shovel-ready site, the director has proposed that the same turbine is erected instead at this other site. This will mean that a new application on new terms will have to be submitted.
It has therefore been decided to release investors from their bids in the current loan.
We greatly appreciate your patience and ongoing support.
"
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Post by batchoy on Mar 3, 2015 13:26:25 GMT
Northern Ireland Wind Turbine Loan # 135 abandoned. Email just received: "Over the last few months, the relationship with the landowner of the site has become increasingly strained, partly due to the length of time that the project is taking, but mainly due to the landowners own personal circumstances. This has led the landowner to repeatedly change his mind agreeing to the lease assignment. It is also taking up more of the borrowers management time than should be necessary to manage this relationship. The uncertainty around this also presents a risk to the business that the director wishes to avoid. Given that the borrower, AWB, has another shovel-ready site, the director has proposed that the same turbine is erected instead at this other site. This will mean that a new application on new terms will have to be submitted. It has therefore been decided to release investors from their bids in the current loan. We greatly appreciate your patience and ongoing support. " No money refunded yet and no mention of the accrued interest.
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Post by Deleted on Mar 3, 2015 13:54:26 GMT
Still live on the site, no comments added.  |
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mikes1531
Member of DD Central
Posts: 6,453
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Post by mikes1531 on Mar 3, 2015 16:27:52 GMT
Still live on the site, no comments added. It seems to have disappeared now. Before it completely fades from our History, someone needs to make note of the URL and pass it to Ton ⓉⓞⓃ so that he can add it to the 'Missing Links' thread in the private AC area of the forum.
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Post by Ton ⓉⓞⓃ on Mar 3, 2015 16:51:57 GMT
Still live on the site, no comments added. It seems to have disappeared now. Before it completely fades from our History, someone needs to make note of the URL and pass it to Ton ⓉⓞⓃ so that he can add it to the 'Missing Links' thread in the private AC area of the forum. Tis done mikes1531The money has just appeared in my cash a/c. I guess the Shadow bids/transaction has just been cancelled as there is no entry in either of my a/c's.
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niceguy37
Member of DD Central
Posts: 504
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Post by niceguy37 on Mar 3, 2015 17:03:13 GMT
It seems to have disappeared now. Before it completely fades from our History, someone needs to make note of the URL and pass it to Ton ⓉⓞⓃ so that he can add it to the 'Missing Links' thread in the private AC area of the forum. Tis done mikes1531The money has just appeared in my cash a/c. I guess the Shadow bids/transaction has just been cancelled as there is no entry in either of my a/c's. My Shadow bid is also cancelled but the money has not appeared in my account. I wonder if they're being done manually - I'll check again later.
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Post by batchoy on Mar 4, 2015 11:07:05 GMT
Tis done mikes1531The money has just appeared in my cash a/c. I guess the Shadow bids/transaction has just been cancelled as there is no entry in either of my a/c's. My Shadow bid is also cancelled but the money has not appeared in my account. I wonder if they're being done manually - I'll check again later. If it was a Shadow Bid then you never put any money in so you wont get any money out.
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unmadem
Member of DD Central
Posts: 377
Likes: 181
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Post by unmadem on Mar 10, 2015 17:24:41 GMT
loan 151 - hostels one, may on the way. From Q&A
"Funds have been requested and drawdown will take place on Thursday if all funds are in place by then, or as soon as possible afterwards"
ps don't blame me if it doesn't quite happen like that.
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andy2001
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Post by andy2001 on Mar 10, 2015 17:38:37 GMT
155 is expected to drawdown this Friday.
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