agent69
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Post by agent69 on Feb 4, 2018 12:06:40 GMT
How does launching DL00034-1 (25th tranche on BL00026) increase the flow of cash to the developer when the 23rd and 24th tranches haven't filled / drawn down? Ditto tranches 26 to 31, which have just appeared
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zendog
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Post by zendog on Feb 4, 2018 13:50:36 GMT
d) Facebook? No presence that I could find...e) Twitter? Yes but here are the cumulative stats as of 20 minutes ago: Tweets 45, Following 40, Followers 66. Most recent Tweet 11th of January 2018, previous to this, 2nd of November 2017 and then next in line the 29th of June 2017. @magenta14 , their Facebook presence is the same as Twitter - very sporadic www.facebook.com/collateraluk (this link is at the bottom of their webpage as is a link to Twitter)
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dp
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Post by dp on Feb 4, 2018 14:23:09 GMT
The first of Col's big development loans. Very attractive rates. Col suggesting the lending pool (no of members) is small.
The existing lenders need to fund these final tranches and help it get over the line, both for us and Col.
Does anyone know what the remaining likely drawdown requirements are likely to be?
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oik
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Post by oik on Feb 4, 2018 15:28:54 GMT
b) Trade shows? Good chance. At UK Investor Show QEII Hall, Westminster (freebie tickets).
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empirica
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Post by empirica on Feb 4, 2018 15:33:55 GMT
The first of Col's big development loans. Very attractive rates. Col suggesting the lending pool (no of members) is small.
The existing lenders need to fund these final tranches and help it get over the line, both for us and Col.
Does anyone know what the remaining likely drawdown requirements are likely to be? It appears the exit is "a fund that is looking to take all the units on practical completion". The total development costs are stated to be £6 million of which 63% has been expended, so I make that about another £2.2 million required, of which the latest £600,000 is part. Whether that is to be completely funded by Collateral or whether external assistance is required is a little up in the air after the email earlier today.
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stub8535
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Post by stub8535 on Feb 4, 2018 16:45:56 GMT
Morning, We have 6 new Bolton Development tranches available now. These loans are offering interest at a rate of 15%. As before we have split the loan into 6 parts, which we hope will help the Secondary Market. 1) Bolton Development Loan (6 drawdowns) Interest P/A - 15% Loan value of £100,000 (GDV value £8,515,000) LTV - 69%. Loan Term - 3 months (end date 30th of April) You can see these loans in Available Loans now - these loan are offering interest at a rate of 15% per annum.The development is scheduled to complete at the end of April 2018, this is dependant on all tranches being fully funded up to the end of the project. Many thanks, Gordon Did 34-3 fill Gordon as I could not see it in the list?
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guff
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Post by guff on Feb 4, 2018 20:57:02 GMT
Morning, We have 6 new Bolton Development tranches available now. These loans are offering interest at a rate of 15%. As before we have split the loan into 6 parts, which we hope will help the Secondary Market. 1) Bolton Development Loan (6 drawdowns) Interest P/A - 15% Loan value of £100,000 (GDV value £8,515,000) LTV - 69%. Loan Term - 3 months (end date 30th of April) You can see these loans in Available Loans now - these loan are offering interest at a rate of 15% per annum.The development is scheduled to complete at the end of April 2018, this is dependant on all tranches being fully funded up to the end of the project. Many thanks, Gordon Did 34-3 fill Gordon as I could not see it in the list? If you're talking about the £47,100 part then yes it did (very quickly) and it's in the Fully Funded Loans list.
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hazellend
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Post by hazellend on Feb 4, 2018 21:04:51 GMT
Isn't Darwen potentially re-financing elsewhere? That would free up funds to invest.
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stub8535
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Post by stub8535 on Feb 4, 2018 21:09:23 GMT
Did 34-3 fill Gordon as I could not see it in the list? If you're talking about the £47,100 part then yes it did (very quickly) and it's in the Fully Funded Loans list. Tnx
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dermot
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Post by dermot on Feb 5, 2018 12:33:41 GMT
Isn't Darwen potentially re-financing elsewhere? That would free up funds to invest.
Recent update said BL00046 due to be repaid end of Feb, am I right in assuming that DL00008 should be the same timetable? If there are any BL00026 primary available left by then, that would soak up my spare funds.
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Post by elephantrosie on Feb 6, 2018 23:06:52 GMT
b) Trade shows? Good chance. At UK Investor Show QEII Hall, Westminster (freebie tickets). i cannot see any freebie tickets on the website?
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oik
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Post by oik on Feb 7, 2018 10:52:44 GMT
i cannot see any freebie tickets on the website? Enter discount code CITYAM.
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stub8535
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Post by stub8535 on Feb 7, 2018 11:36:11 GMT
d) Facebook? No presence that I could find...e) Twitter? Yes but here are the cumulative stats as of 20 minutes ago: Tweets 45, Following 40, Followers 66. Most recent Tweet 11th of January 2018, previous to this, 2nd of November 2017 and then next in line the 29th of June 2017. @magenta14 , their Facebook presence is the same as Twitter - very sporadic www.facebook.com/collateraluk (this link is at the bottom of their webpage as is a link to Twitter) It's a shame that "collateral" in the search bar brings up 2 other unrelated links of the same root. P2pfn in an article Monday included the fb link to the wrong place. More care on checking news organisations or article writers use the right links @gordon. Still can't see a link to Linkdin. Have you got the moving of the links on the platform pages from the foot of page to top or side slide bar on the priorities list for you IT guys yet? If its hidden it won't be used. I use mobile devices with limited screen size so these comments may not apply to laptop/ pc. S
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zendog
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Post by zendog on Feb 7, 2018 19:40:52 GMT
Still can't see a link to Linkdin. This is a link to their Linkedin page - / Links to 2 of their employees are also availables via the above link.
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stub8535
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Post by stub8535 on Feb 8, 2018 8:16:54 GMT
Still can't see a link to Linkdin. This is a link to their Linkedin page - / Links to 2 of their employees are also availables via the above link. Thanks zendog. It is an opportunity being under utilised by the key people at Collateral. The Pexxx Cuxxxx mentioned looks to be a different person (London architect). I will check later. Very few connections by the younger members of the team. @gordon are there any plans to change this?
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