loopy #8034

AFAIK, there is no good explanation of that for investors. There is this:

A look into supply chain finance

My understanding of Supply Chain Finance is as follows. A supplier has an order from buyer, but needs to purchase materials to fulfill that order. In this case, Marketlend pays the invoices for the order materials directly (and does not remit funds directly to this suppler/borrower). When the order is completed and delivered, Marketlend receives the payment from the buyer and covers the capital and interest costs of the “loan” before remitting any extra to the supplier/borrower.

If the finance is insured, then if something goes wrong and the payment from the buyer is not recoverable, the insurance will kick in and compensate investors. Subject, of course, to the usual conditions on Marketlend’s insurance policy.

Please note I am a fellow investor and not associated with Marketlend, so this is not an official response to your question.

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loopy #7338

Thank you for the prompt response.

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loopy #6020

Thank you for the prompt response.

As the trust is not the borrower, then the small number best represents the revenue of the borrower?

Have the trust’s assets been pledged as security for the loan?

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loopy #5380

Thank you for the prompt and thorough response.

I’m afraid I don’t understand the rental maths. It seems you are currently paying ~$240K in annual rent, but that will decrease to ~$130K in your new premises, less any rent charged on the sub-let.

If the business owns the premises, why are you paying any rent in the new digs?

What is the cost to service the $800k mortgage on the new office space?

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loopy #4917

Okay, but what are the numbers? How long does it take to payoff the upfront cost at current diesel price?

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loopy #4793

Thank you for the prompt response.

Does that mean you do not currently operate a Snap Fitness facility? Demarche Fitness has been created to purchase the Arana Hills franchise?

I am a bit confused as the loan listing states “located in 1.5 hours north of Brisbane”, but Arana Hills is far less than that.

If you get $175K from the bank and $60K from this Marketlend loan, you will still be $85K short of your $320K requirement. What are your plans for this?

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loopy #4729

Ignore that.

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loopy #4728

I see now that 2015 financials are now available – sorry if I missed them before.

The 2015 financials are for K1 Dental, which was profitable in 2015. What is the relationship between K1 and Utopia?

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loopy #4719

The commentary states you can bid in the 14%-18% range, but that puts you in a first loss position.

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