kaya
Member of DD Central
Posts: 1,150
Likes: 718
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Post by kaya on Jun 2, 2015 11:06:53 GMT
Apprenticeship & Training Firm - £100k, rated C, ends 26/5/15 - this loan has been extended untill 5th June. It is a bit different from the usual type of training provider, and may well deserve a bid or two. Check out the blog on the Rebs site for a personal look into this application.
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Post by jh on Jun 2, 2015 13:30:13 GMT
Building Firm, £50k over 60 months. This has been listed as a "C" Risk.
Get Bidding Folks ! ;-)
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Post by jh on Jun 2, 2015 13:49:59 GMT
Insulation Firm £50,000 Loan, 36 month term. Rated a "C" risk.
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Post by jh on Jun 3, 2015 16:13:23 GMT
Purchase of a Playsite company - £125k over 60 months, rated "C" Risk.
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SteveT
Member of DD Central
Posts: 6,874
Likes: 7,919
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Post by SteveT on Jun 4, 2015 16:00:08 GMT
New today: a fitness equipment hire company, C rated, £120k, 60 months, bid deadline 29/6/15
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,790
Likes: 3,211
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Post by jonno on Jun 10, 2015 10:43:28 GMT
Sunderland Superstore; £32K;60 months;C rating.
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Post by sceptic on Jun 14, 2015 12:06:26 GMT
Apprenticeship & Training Firm - £100k, rated C, ends 26/5/15 - this loan has been extended untill 5th June. It is a bit different from the usual type of training provider, and may well deserve a bid or two. Check out the blog on the Rebs site for a personal look into this application. It looks like you have quite a lot of these government companies doing unethical 'Work Programme' type stuff. What's different about this one is that they can't even pay for their own payroll costs and need one hundred, thousand, pounds, in order to meet this most basic of overheads. What's the justification for supporting something like this where income can't possibly increase, projected revenue from target-meeting is almost certainly being grossly exaggerated and the welfare budget that supports the bulk of their funding is already being publicly earmarked for substantial reductions in the near future? Doesn't make sense to me. All I see is £100,000 of government borrowing that won't make it to the Chancellor's deficit spending reports. I guess top-down Dave has a lot of supporters round these parts. See the problem with lending for payroll purposes is it's quite risky. What if the person whose wages you're paying goes long-term sick? What if the mandatory pensions are ramped up even further, or the minimum wage rate goes through the roof or all government contractors are obliged to pay "the living wage"? This doesn't even deserve a C rating: it's a junk loan, a company that can't even pay its most immediate bills like payroll. Honestly it never ceases to amaze me how otherwise rational people can support things like this. Pro-government bias is the only explanation I can think of: you simply don't think something that has a government name badge can ever go under.
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Post by jh on Jun 15, 2015 12:48:52 GMT
Cleaning Company. Require £30k over 60 months. Rated "C" Risk - PG only
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Post by jh on Jun 16, 2015 15:52:25 GMT
Building Services Firm - 100k, 60 months "C" Risk. PGI Insurance, Debenture and PG.
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Post by jh on Jun 24, 2015 9:15:38 GMT
Retail Firm, £25k over 60 months with a "C" Rating. PG & Debenture.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,790
Likes: 3,211
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Post by jonno on Jun 24, 2015 16:12:56 GMT
Care Provider; £30k;24 months; B rated.
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Post by jh on Jun 29, 2015 10:45:18 GMT
New Loan. Plumbing Company . £33k 60 months "C" Rating. PG, Debenture and PG Insurance.
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Post by jh on Jul 7, 2015 13:23:36 GMT
Pub, £38k over 60 Months, C Risk Rating. PG and cross corporate guarantee
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,790
Likes: 3,211
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Post by jonno on Jul 21, 2015 10:42:48 GMT
Training provider; £75k;60 months; C rating.
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Post by jh on Jul 21, 2015 16:00:48 GMT
HIFI Shop in London; £70k; 60 Months; B Risk
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