jimc99
Member of DD Central
Posts: 284 
Likes: 115
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Post by jimc99 on Oct 13, 2016 20:53:43 GMT
Well let's hope the club owner can sell a few more student units then he can finance this one himself.....
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SteveT
Member of DD Central
Posts: 6,875
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Post by SteveT on Oct 14, 2016 6:44:42 GMT
Barely 2% left to fill now.
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stevio
Member of DD Central
Posts: 2,065
Likes: 894
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Post by stevio on Oct 14, 2016 7:15:22 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released?
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Post by geraldine1210 on Oct 14, 2016 7:18:50 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? I hadn't even thought of that.
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Post by geraldine1210 on Oct 14, 2016 8:14:41 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? I hadn't even thought of that. Edit. Tested just now. Couldn't put anything on to sell on sm, after all sold.
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stevio
Member of DD Central
Posts: 2,065
Likes: 894
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Post by stevio on Oct 14, 2016 8:36:36 GMT
MoneyThing there appears to be other fixed charges at companies house over the property of the club - how does it effect this loan's security and will they be satisfied with the MT loan?
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Post by MoneyThing on Oct 14, 2016 8:40:26 GMT
MoneyThing there appears to be other fixed charges at companies house over the property of the club - how does it effect this loan's security and will they be satisfied with the MT loan? Morning, All existing charges will be satisfied and will be updated in due course. Kind regards, Ed
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fp
Posts: 1,008
Likes: 853
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Post by fp on Oct 14, 2016 8:46:25 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? DOH, I hadn't thought of that either, I went back and had a bigger bite later with the intention of selling the smaller one, having snapped up a bit more on the Sm than I had expected earlier in the day
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Post by MoneyThing on Oct 14, 2016 8:53:25 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? Morning, The intention is to disable the SM until such time as all the advances have been funded (as though it was 1 x £2.4m loan being launched). Regardless of uptake/progress, we will enable the SM across all tranches 1 month after the first loan launch yesterday (i.e. 13/11/16). Kind regards, Ed
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Post by geraldine1210 on Oct 14, 2016 8:56:02 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? DOH, I hadn't thought of that either, I went back and had a bigger bite later with the intention of selling the smaller one, having snapped up a bit more on the Sm than I had expected earlier in the day I took an extra chunk. Did not occur to me that selling would not be possible
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stevio
Member of DD Central
Posts: 2,065
Likes: 894
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Post by stevio on Oct 14, 2016 8:56:26 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? Morning, The intention is to disable the SM until such time as all the advances have been funded (as though it was 1 x £2.4m loan being launched). Regardless of uptake/progress, we will enable the SM across all tranches 1 month after the first loan launch yesterday (i.e. 13/11/16). Kind regards, Ed Thanks, do you anticipate it will take a month for all tranches to be released or sooner? This may make the early tranches less desirable and slower uptake as you are tied in for a period of time
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Post by geraldine1210 on Oct 14, 2016 8:58:26 GMT
MoneyThing will this be allowed to trade on the SM BEFORE the other tranches are released? Morning, The intention is to disable the SM until such time as all the advances have been funded (as though it was 1 x £2.4m loan being launched). Regardless of uptake/progress, we will enable the SM across all tranches 1 month after the first loan launch yesterday (i.e. 13/11/16). Kind regards, Ed I have to say I am disappointed that this was not made clear at the outset. It cannot be right to spring this when the first tranche has been funded.
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Post by MoneyThing on Oct 14, 2016 9:00:54 GMT
Morning, The intention is to disable the SM until such time as all the advances have been funded (as though it was 1 x £2.4m loan being launched). Regardless of uptake/progress, we will enable the SM across all tranches 1 month after the first loan launch yesterday (i.e. 13/11/16). Kind regards, Ed Thanks, do you anticipate it will take a month for all tranches to be released or sooner? This may make the early tranches less desirable and slower uptake as you are tied in for a period of time Morning, We plan to release the tranches as quickly as possible (subject to uptake). One caveat to this is we may need to slip in another loan or two between tranches depending on timing. Regards, Ed
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Post by geraldine1210 on Oct 14, 2016 9:02:59 GMT
Thanks, do you anticipate it will take a month for all tranches to be released or sooner? This may make the early tranches less desirable and slower uptake as you are tied in for a period of time Morning, We plan to release the tranches as quickly as possible (subject to uptake). One caveat to this is we may need to slip in another loan or two between tranches depending on timing. Regards, Ed Can I ask that in future you make this plain from the outset?
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Post by geraldine1210 on Oct 14, 2016 9:10:54 GMT
Morning, The intention is to disable the SM until such time as all the advances have been funded (as though it was 1 x £2.4m loan being launched). Regardless of uptake/progress, we will enable the SM across all tranches 1 month after the first loan launch yesterday (i.e. 13/11/16). Kind regards, Ed I have to say I am disappointed that this was not made clear at the outset. It cannot be right to spring this when the first tranche has been funded. A response from money thing would be welcome.
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