Secured lending for 2 years at 12%p.a., or 8% as a convertible?
The accepted view is that while interest rates are likely to rise, they will not rise by much in the next couple of years. While small companies will be impacted by rising interest rates, excellent opportunities exist in the P2P lending sector for emerging growth companies. Ruffena Capital is at the centre of this emerging lending sector.
iRiS Software are at the leading edge of hotel systems innovation. Their platform removes language barriers and transforms the guest experience while also increasing room revenues by c.15%. The Global roll out is starting, and we now have an Application Form and Term sheet for the £2.5m required (with a minimum £100k investment ) as either a 2 year 8%p.a. convertible loan note or a 2 year simple 12% p.a. secured over the assets of the company.
The closing date is set for mid-September.