agent69
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Post by agent69 on Mar 10, 2015 17:54:14 GMT
155 is expected to drawdown this Friday. . Debenture capturing mainly debtors and work in progress.
Is it my imagination or does that sound familiar? Think I'll give this one a miss
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baz657
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Post by baz657 on Mar 10, 2015 17:59:53 GMT
155 is expected to drawdown this Friday. Friday the 13th. Superstitious? Me? Not that I know of (he says touching wood)... 
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bigfoot12
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Post by bigfoot12 on Mar 14, 2015 11:15:43 GMT
155 is expected to drawdown this Friday. and it did.
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unmadem
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Post by unmadem on Mar 17, 2015 18:21:26 GMT
hostel - 153 drawndown. £364K available.
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Post by Ton ⓉⓞⓃ on Mar 20, 2015 18:35:52 GMT
Loan 151 (the Carpets Co), 17/3/15 Q&A says
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Post by lynnanthony on Mar 20, 2015 19:58:13 GMT
Loan 151 (the Carpets Co), 17/3/15 Q&A says That seems a rather odd wording to me! Could be taken to mean there are pre drawdown conditions that haven't been satisfied but the loan is still going ahead. Hmmm. I'll ask on Q&A.
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Post by Ton ⓉⓞⓃ on Mar 20, 2015 20:14:28 GMT
Loan 151 (the Carpets Co), 17/3/15 Q&A says That seems a rather odd wording to me! Could be taken to mean there are pre drawdown conditions that haven't been satisfied but the loan is still going ahead. Hmmm. I'll ask on Q&A. I'm guessing it the future covies (covenants) that's referred to? (I mean quarterly accounts) I've found the Q&A for this loan worth reading, it mentions the total demand for this loan as being, not surprisingly, oversubscribed.
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bigfoot12
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Post by bigfoot12 on Mar 21, 2015 10:39:46 GMT
That seems a rather odd wording to me! Could be taken to mean there are pre drawdown conditions that haven't been satisfied but the loan is still going ahead. Hmmm. I'll ask on Q&A. I'm guessing it the future covies (covenants) that's referred to? (I mean quarterly accounts) I've found the Q&A for this loan worth reading, it mentions the total demand for this loan as being, not surprisingly, oversubscribed. I don't know the details of this loan, but sometimes there are conditions which can only be satisfied on the day the loan draws.
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Post by lynnanthony on Mar 23, 2015 9:47:52 GMT
I don't know the details of this loan, but sometimes there are conditions which can only be satisfied on the day the loan draws. Yes, you are right. Reply on Q&A: "Apologies. It actually means that there are some pre-drawdown conditions that can only be satisfied on the day of drawdown. Drawdown is expected to be today now and the remaining conditions will be satisfied before funds are released."
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tonyr
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Post by tonyr on Mar 23, 2015 11:04:04 GMT
I don't know the details of this loan, but sometimes there are conditions which can only be satisfied on the day the loan draws. Yes, you are right. Reply on Q&A: "Apologies. It actually means that there are some pre-drawdown conditions that can only be satisfied on the day of drawdown. Drawdown is expected to be today now and the remaining conditions will be satisfied before funds are released." I predict that *&* Carpets will be the fastest selling loan of all time. I give it five seconds from appearing on the platform with most of the £90k available to having no units available.
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oldgrumpy
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Post by oldgrumpy on Mar 23, 2015 12:00:09 GMT
Yes, you are right. Reply on Q&A: "Apologies. It actually means that there are some pre-drawdown conditions that can only be satisfied on the day of drawdown. Drawdown is expected to be today now and the remaining conditions will be satisfied before funds are released." I predict that *&* Carpets will be the fastest selling loan of all time. I give it five seconds from appearing on the platform with most of the £90k available to having no units available. Let's hope AC have the IT capability to credit lenders with the considerable amount of cash which Wrexham (apparently) repaid last Friday before launching Carpetbags, or a lot of MLIA accounts may be well short of the resources to finance their target in the first five seconds ... or after.  edit twelve minutes later 12:12 .... they've done it! 
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Post by chris on Mar 23, 2015 16:56:57 GMT
Yes, you are right. Reply on Q&A: "Apologies. It actually means that there are some pre-drawdown conditions that can only be satisfied on the day of drawdown. Drawdown is expected to be today now and the remaining conditions will be satisfied before funds are released." I predict that *&* Carpets will be the fastest selling loan of all time. I give it five seconds from appearing on the platform with most of the £90k available to having no units available. It took 1 minute 50 seconds from the loan drawing down until the loan hit the front of the sales queue, all loan units then sold instantly amongst 410 lenders.
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duck
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Post by duck on Mar 23, 2015 17:08:57 GMT
..... and having just check both my accounts I received the allocations that I asked for |
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Post by crabbyoldgit on Mar 23, 2015 18:13:38 GMT
Hi I have only invested in the geia so far but am going to go for a upcoming new loan on the manual side small time,I get the impression you can pre bid for a share but have not got the remotest clue how to go about it and can't seem to find out information of how this works.any guidance would be gratefully recieved.must be getting adventurous in my old age, thanks
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ilmoro
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'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 Mar 23, 2015 19:08:11 GMT
Hi I have only invested in the geia so far but am going to go for a upcoming new loan on the manual side small time,I get the impression you can pre bid for a share but have not got the remotest clue how to go about it and can't seem to find out information of how this works.any guidance would be gratefully recieved.must be getting adventurous in my old age, thanks If you click on browse loans, then upcoming loans it will display the list of forthcoming loans, click on the loan you are interested in. On the right hand side you will see a black box headed manual investment, select 'set my investment target as' and enter the amount you wish to invest in the space provided, click apply and you will get a pop up asking you to confirm You also need to make sure that 'my investment target' is set to enabled (just click on the slider dot and then confirm) Finally you need to make sure that you have funds in your manual investment account on the main dashboard, these can be added by clicking on the adjust invested tab on the MLIA, same as Im sure youve already done for the GEIA (This will need to be done prior to the loan drawing down to guarantee you get the desired slice, though most, but not all eg todays, tend to have availability for a while after drawdown) Going forward if you wish to increase or decrease your target, then just change the figure in the 'investment target' box, if it is an amortising loan (regular capital repayments) & you wish your holding to decrease as the loan repays then disable 'my investment target' or the system will automatically replenish the loan (subject to availability) Hope that helps
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