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Loan 2496918-01 - Business Loan United Kingdom

Loan Details

Loan Type Business Loan
Loan Amount £ 75 000.00
Remaining Principal £ 0.00
Effective APR charged to borrowers -
Interest Rate 8.0%
Initial LTV -
LTV -
Initial Term 51 d.
Remaining Term Late
Amortization Method Full
Listing Date 27.02.2018
Date of Issue 26.02.2018
Closing Date 18.04.2018
Status Finished
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Loan Originator Details

Loan Originator
Legal Entity
1pm (UK) ltd
  • Borrower and Collateral
  • Payment Schedule
  • Investment Breakdown
  • Borrower and Collateral Details

    BorrowerCompany
    Total approved credit limit£ 75 000.00
    Business sectorFreight Transport by Road
    DescriptionProspect Commercials provides a first class distribution service, handling consignments for our clients and managing the logistics of the process from collection to delivery
    Registered02.12.2003
    Estimated annual default rate 17%
    Country United Kingdom
    Personal guarantee 2 Guarantors
    Risk category Very high risk (1-20)
  • DatePrincipal Interest TotalPayment ReceivedPayment DateStatus
    18.02.2018 Paid
    18.03.2018 £ 25 000.00 £ 222.96 £ 25 222.96 £ 25 222.96 20.03.2018 Paid
    18.04.2018 £ 25 167.04 £ 173.37 £ 25 340.41 £ 25 340.41 24.04.2018 Paid
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