Ablrate exceeds £3 million in funded loans
London, UK (PRWEB UK) 22 September 2015 -- Ablrate, a pioneering peer-to-peer lending platform that is the first in the world to offer investors access to asset-backed loans against aircraft transactions has announced that is has completed over £3 million in funded loans.
Asset-backed peer-lending platform Ablrate broke through £3 million in funded loans just over a year since official launch, with £1 million being completed in the last six weeks.
“Although it is a significant milestone, hitting £3 million is not necessarily the full story, but the fact that 30% of this was achieved in the last 6 weeks, which shows that the new platform and the processes we have spent time developing are producing results” Said CEO, David Bradley-Ward. “Also of great significance is that our pioneering secondary market, which offers a full bid and offer system that gives best execution opportunities to investors, has turned over £250,000 since its full launch in July”.
Having spent much of the past year in a beta phase, the platform is attracting significant interest from lenders, both institutional and retail. Loans recently listed on the platform include a basket of SME loans and an asset backed loan to a waste-to-energy company which has £100,000 available for investors.
Bradley-Ward added “Reaching £3 million is a good step forward and achieving £1 million in the last six weeks is great, but we now aim to begin the process of increasing loans available and lender acquisition to make sure that this progress continues over the coming months. We aim to provide our lenders with great opportunities to lend into and we thank them for their business and for the significant help they have given in the development of our platform.”
For more information on Ablrate’s investing opportunities and to assess the risks of investing on the platform, please visit http://www.ablrate.com.
About Ablrate
Ablrate is a pioneer in asset backed lending against high-quality assets and the first peer lending platform in the world to give investors access to aircraft transactions. Through our unique online investment platform, we enable individuals and businesses to manage their own financial risk and returns, disintermediating and removing the cost of the middleman. Investors have full visibility of the asset they are investing in, but also of the potential risk exposure (estimated by ablrate.com) they are taking on. Ablrate gives investors access to exciting and unique investment opportunities ranging from the highly regulated aircraft leasing space to capital equipment transactions that provide investors with good security and higher returns. Your capital is at risk, please read the risk warnings associated with investing on Ablrate.
Media Contacts:
Natalie Cowley
PR & Marketing Manager
Ablrate
natalie(at)ablrate(dot)com
+44 (0) 203 283 4518
Natalie Cowley, Ablrate, http://ablrate.com, +44 7975711148, [email protected]
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