shimself
Member of DD Central
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Post by shimself on Jul 4, 2014 20:56:16 GMT
new loan on TC, 10 years, 10pc Plus RPI plus cashback if you're in by 10th July (it's an anaerobic digester, though given it's powered by cowpats I fail to see how it can conceivably be thought of as clean energy)
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agent69
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Post by agent69 on Jul 5, 2014 17:44:58 GMT
Comes in 3 tranches: - 10% +RPI amortising for 10 years
- 12% amortising for 5 years
- 12% interest only for 2 years
I'm tempted to try the 5 year option but slightly put off by no repayments for 6 months and I can't work out where the £3.6m security is coming from
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Post by mrclondon on Jul 8, 2014 21:59:37 GMT
The info pack did not market the security very well. I assume you are referring to the paragraph on page 5 of the IP which states that subsequent loans of upto £2.7m (bringing the total to £6.3m) will share the security on offer here whether they are with TC or other loan providers.
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