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Post by justdabbling on Dec 14, 2016 10:33:04 GMT
An interesting blog has appeared on Abundance citing likely increase in EU limit for crowdfunding without needing a full prospectus. blog.abundanceinvestment.com/2016/12/eu-crowdfunding-rules-set-to-change/However I am a bit confused as some development loans on SS have been above the 5 million Euro anyway and there did not seem to be full prospectuses issued/ It is also interesting that the UK argued for a 10 m limit so it seems that this increase in limit will survive Brexit. On some other threads concern has been expressed about the supply of suitable loans drying up and leading to a reduction in interest rates, but perhaps this new limit might have an opposite impact.
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dandy
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Post by dandy on Dec 14, 2016 10:42:24 GMT
An interesting blog has appeared on Abundance citing likely increase in EU limit for crowdfunding without needing a full prospectus. blog.abundanceinvestment.com/2016/12/eu-crowdfunding-rules-set-to-change/However I am a bit confused as some development loans on SS have been above the 5 million Euro anyway and there did not seem to be full prospectuses issued/ It is also interesting that the UK argued for a 10 m limit so it seems that this increase in limit will survive Brexit. On some other threads concern has been expressed about the supply of suitable loans drying up and leading to a reduction in interest rates, but perhaps this new limit might have an opposite impact. this relates to raising funds by way of equity (selling shares). nothing to do with borrowing money for which there is no limit
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Post by justdabbling on Dec 14, 2016 10:57:53 GMT
Dandy, thanks for the explanation. On Abundance the loans are often in the form of debentures which although they are not shares are different from the loans on SS etc. But perhaps this change may still have a positive effect on the amount of opportunities open to lenders.
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