Fenchurch Legal

Last Updated: 01.07.2021. Date when the basic information was updated
Fenchurch Legal
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 9.76 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 16 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
10%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
Fenchurch-Legal.com
Founded:
2020
Employees:
40
Joined Mintos:
29.06.2021
Loan Types: The type of linked assets the lending company has issued.
Business loan Business loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Annual percentage rate charged to borrowers:
33%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 0

About

Fenchurch Legal is a UK-based specialist in litigation financing, offering a flexible funding solution to UK law firms to fund small ticket ATE (“After the Event”) claims. Each of the company's disbursements is insured by an ATE insurance policy. 
Fenchurch Legal is part of the SHP Capital Group, a corporate lending business primarily focused on providing finance to UK companies. The company's clients are small UK-regulated law firms that specialize in taking on ATE claims on behalf of claimants. A high volume of small-ticket legal cases is funded on a weekly basis. An average loan provided is approximately GBP 3 000, with an average term of 6 to 12 months.

Presentation

Presentation

Last Updated: 10.12.2021

Financials

Financials

Last Updated: 03.08.2021

Loan Agreement

Loan Agreement

Last Updated: 08.07.2021