gb007
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Post by gb007 on Jan 12, 2015 19:44:10 GMT
3 new TC Loans: Independent hauliers, existing TC borrower - 60 months loan @ 12% pa interest rate. Cash back incentive as follows: - £10,000 1% Cash back
- £20,000 2% Cash back
Secured loan provider, loan no. 7 - 48 months loan @ 10.25% pa interest rate. Loans 1 to 6 have a "perfect record" Chartered financial planners - 60 months loan - Initial bids at a maximum of 13% with a target rate of 12% pa |
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gb007
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Post by gb007 on Jan 14, 2015 12:53:46 GMT
A busy start to the year with 2 more loans now added: Vehicle finance provider - 48 months @ 11% pa starting rate Existing borrower, rapid draw down Convenience store development - 12 months @ 9% pa fixed rate First charge & debenture, LTV <65% Also, the Chartered financial planners are offering a free advice session to any member bidding £5,000 or more in their auction  |
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Post by bracknellboy on Jan 14, 2015 14:39:07 GMT
Also, the Chartered financial planners are offering a free advice session to any member bidding £5,000 or more in their auction Yes. One assumes that advice won't include "don't get involved in p2p lending".
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pikestaff
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Post by pikestaff on Jan 14, 2015 15:29:45 GMT
Also, the Chartered financial planners are offering a free advice session to any member bidding £5,000 or more in their auction Yes. One assumes that advice won't include "don't get involved in p2p lending". But probably will include "what you really need is some more help from us"  . I'm not sure that will be very fruitful with TC lenders. I suspect most are pretty comfortable managing their own money. I for one have never felt the need to pay someone to make mistakes that I'm perfectly capable of making myself.
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Post by tybalt on Jan 14, 2015 17:28:09 GMT
And to take 2% of income for the privilege.
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agent69
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Post by agent69 on Jan 14, 2015 21:35:40 GMT
Also, the Chartered financial planners are offering a free advice session to any member bidding £5,000 or more in their auction Yes. One assumes that advice won't include "don't get involved in p2p lending". Financial planners are a bit like image consultants. When you appoint a new one the first thing they do is tell you everything the last man did was wrong, and you need to pay them lots to change everything for the better.
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gb007
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Post by gb007 on Feb 10, 2015 12:09:25 GMT
Latest email from TC: “ February is likely to be a very interesting month at ThinCats; watch this space!” Newly listed loans: - Veterinary research & development - 60 months @ 13% pa
- Property developer - 24 months - Loan A first charge, fixed rate @ 10% pa - Loan B second charge, starting rate @ 14% pa
- Advertising agency - existing borrower - 60 months @ 11% pa
- Secured loan provider - perfect repayment record, Loan no. 8 - 24 months @ 10% pa
- Nursing home operator - Loan 1A fixed rate @ 10% & Loan 1B variable rate starting at 14%. Both loans are for 24 months with interest and capital rolled up until the end of the loan.
- Packaging manufacturer - 48 months @ 13% pa.
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gb007
Member of DD Central
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Post by gb007 on Feb 13, 2015 11:40:01 GMT
Latest TC updates: ThinCats has arranged a £50m underwriting facility to enable larger loans.New loans: - TC have listed the first deal that has been underwritten; a £1.2m loan for a wind turbine project. The institutional fund's involvement means that the auction will definitely be successful, the auction will only be listed until 10am Monday 16th Feb, with quick draw down. Very well secured - 24 months @ 10% pa
- Another green energy loan opportunity - innovative multi-fuel hybrid power generation £500,000 - 24 months @10% pa
The secured loan provider is now offering up to 2% cash back. Also, indications are that TC may beat ablrate to the next aircraft related loan! |
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Post by ablrateandy on Feb 13, 2015 20:43:05 GMT
Beat them to it |
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gb007
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Post by gb007 on Mar 17, 2015 13:09:18 GMT
Some more cash back on TC: Warrington Social Housing Developer - 18 months loan @ 10.25% pa interest rate. Loan A First charge - Cash back incentive as follows: - All Bids 1% Cash back
- Bids over £10,000 2% Cash back
Loan B Second charge 15% pa interest rate- Auction will close asap when full at 15% pa
Luxury Lodges and Spa - 24 months loan @ 12% pa interest rate.
Cash back incentive as follows:
- Bids over £5,000 1% Cash back
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gb007
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Post by gb007 on Jun 5, 2015 15:28:46 GMT
Lots of cash back/bonuses currently on TC: - Wood products manufacturer 48 months at 14% interest only + 2% cash back bonus for all bidders
- Venture capital 36 months at 13% interest rate + 3% bonus for bidders over £10000
- Building developer 12 months at 13% interest rate + 2% cash back for bids over £5000
- Residential construction 60 months loan interest rate increased from 12% to 13.25% for all bids + 2% cash back for bids over £5000
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agent69
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Post by agent69 on Jun 6, 2015 8:00:18 GMT
Lots of cash back/bonuses currently on TC: - Wood products manufacturer 48 months at 14% interest only + 2% cash back bonus for all bidders
- Venture capital 36 months at 13% interest rate + 3% bonus for bidders over £10000
- Building developer 12 months at 13% interest rate + 2% cash back for bids over £5000
- Residential construction 60 months loan interest rate increased from 12% to 13.25% for all bids + 2% cash back for bids over £5000
Lots of deals currently available, but many are struggling to fill. The cash back offers are fine if you can afford £5 -£10k a time, but that's a little above my comfort level
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Greenwood2
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Post by Greenwood2 on Jul 23, 2016 6:27:03 GMT
Similarly now, lots of loans available (up to 13%), wish I had more funds!
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