shimself
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Post by shimself on Jun 7, 2017 8:38:34 GMT
I take the attitude that as the platform can't manage this they can't be relied upon full stop.
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hazellend
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Post by hazellend on Jun 7, 2017 9:36:18 GMT
So will you roll the dice? Not without the cash back guaranteed
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Post by valuehunter on Jun 7, 2017 10:23:29 GMT
So will you roll the dice? I'm 1113 so certainly won't be taking a gamble unless I get a guarantee
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kaya
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Post by kaya on Jun 7, 2017 10:29:16 GMT
Well they are still actively encouraging people to sign up by tempting them with this deal - its the first thing you see on the website. This might be considered to be somewhat out-of order if they are effectively promoting a lottery, with probably by now little chance of winning.
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Steerpike
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Post by Steerpike on Jun 7, 2017 10:53:01 GMT
There don't seem to be too many takers, the loan is still only 37% filled.
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Post by huddlecapital on Jun 7, 2017 13:31:11 GMT
Introduction to Huddle Capital
Huddle Capital is a newly launched Peer to Business lending platform that is aiming to bring higher yielding SME lending opportunities to lenders.
One of the core competence of Huddle Capital is its ability to originate attractive borrower deals. This is because its parent company, Access Commercial Finance has been lending out its own money to SME’s since 2015, and we will use its experience and networks to now bring opportunities to private and corporate lenders.
There are other unique features about Huddle Capital that you will find attractive:
1. We’re offering a 20% cash back” to the first founding 100 investors on the platform - as at today, there are only around 25 places left 2. We offer instant returns (not on the first loan to Huddle 100 recipients) - in other words, you start earning interest as soon as you invest, and before the loan closes
3. Every loan on the Huddle platform will close because it is underwritten by the parent company. Quite simply, we wouldn’t put any loan on a platform that we would not ourselves invest in.
Thank you for the positive discussions thus far. Look forward to engaging on the forum.
Huddle Capital
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Post by huddlecapital on Jun 7, 2017 13:32:40 GMT
There don't seem to be too many takers, the loan is still only 37% filled. All loans will be underwritten by the parent company. So loans that successfully make it to the platform will fund.
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shimself
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Post by shimself on Jun 7, 2017 13:34:20 GMT
Do you guarantee to retain some part of each loan you offer?
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Neil_P2PBlog
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Post by Neil_P2PBlog on Jun 7, 2017 13:54:12 GMT
huddlecapital - I think there is some confusion on the offer: is it the first 100 people who invest, or is it the first 100 people who sign up and then invest later within 30 days? If there are still 25 places left it sounds like the former?
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snowmobile
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Post by snowmobile on Jun 7, 2017 13:54:15 GMT
Introduction to Huddle Capital Huddle Capital is a newly launched Peer to Business lending platform that is aiming to bring higher yielding SME lending opportunities to lenders. One of the core competence of Huddle Capital is its ability to originate attractive borrower deals. This is because its parent company, Access Commercial Finance has been lending out its own money to SME’s since 2015, and we will use its experience and networks to now bring opportunities to private and corporate lenders. There are other unique features about Huddle Capital that you will find attractive: 1. We’re offering a 20% cash back” to the first founding 100 investors on the platform - as at today, there are only around 25 places left 2. We offer instant returns ( not on the first loan to Huddle 100 recipients) - in other words, you start earning interest as soon as you invest, and before the loan closes 3. Every loan on the Huddle platform will close because it is underwritten by the parent company. Quite simply, we wouldn’t put any loan on a platform that we would not ourselves invest in. Thank you for the positive discussions thus far. Look forward to engaging on the forum. Huddle Capital Welcome! What does this mean? "not on the first loan to Huddle 100 recipients" I can't see anything in the Huddle 100 terms which states that cashback replaces instant returns. The loan proposal document states that instant returns are enabled and makes no mention of any exclusions. The Huddle 100 people already invested obviously believe that instant returns will be payable.
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ilmoro
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Post by ilmoro on Jun 7, 2017 14:02:50 GMT
Introduction to Huddle Capital There are other unique features about Huddle Capital that you will find attractive: 2. We offer instant returns (not on the first loan to Huddle 100 recipients) - in other words, you start earning interest as soon as you invest, and before the loan closes Huddle Capital Sorry, where does it say that Instant Returns arent avaliable to Huddle 100 recipients? ... not happy if Ive invested on the basis of misleading information as the documentation clearly says Instant Returns avaliable and the Huddle 100 T&CS dont make any reference to investments not qualifying for IR
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SteveT
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Post by SteveT on Jun 7, 2017 14:03:40 GMT
It would certainly seem strange to award a massive 20% cashback to attract and incentivise your founder investors but then penny-pinch by excluding these from the Instant Returns being paid as standard to others.
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metoo
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Post by metoo on Jun 7, 2017 14:16:51 GMT
Where does it say Instant Returns are enabled on 1000057?
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Post by huddlecapital on Jun 7, 2017 15:01:06 GMT
huddlecapital - I think there is some confusion on the offer: is it the first 100 people who invest, or is it the first 100 people who sign up and then invest later within 30 days? If there are still 25 places left it sounds like the former? We definitely want to clear up any confusion. The offer is open to the first 100 registering and investing within 30 days. If you invest straight away, the you qualify for the reward. If not, then your place in Huddle 100 is secured for 30 days, within which time you have to invest to get the Reward. Hope this clears things up. Huddle
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Neil_P2PBlog
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Post by Neil_P2PBlog on Jun 7, 2017 15:04:15 GMT
OK - so in that case 75 people have registered so far, some have invested and some not, and there are still 25 places left?
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