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Thread: Official Nelmsy Campus Countdown

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  1. #1
    Join Date
    Jun 2013
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    5,229
    What are the terms of the loan?

  2. #2
    Join Date
    Jan 2014
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    7,456
    Quote Originally Posted by BCram View Post
    What are the terms of the loan?
    I suggest that you read the Soho Green website for details about borrowing money from them.
    At 3rd October 2023 Soho Green were advertising loans at a monthly interest rate of between 0.95% and 2% which equates to between 11.40% and 24% per annum.
    The interest rate for borrowing money from them at the end of November 2022 was between 0.75% and 2% per month which equates to between 9% and 24% per annum.

  3. #3
    Join Date
    Jul 2007
    Posts
    9,524
    Quote Originally Posted by islaydarkblue View Post
    I suggest that you read the Soho Green website for details about borrowing money from them.
    At 3rd October 2023 Soho Green were advertising loans at a monthly interest rate of between 0.95% and 2% which equates to between 11.40% and 24% per annum.
    The interest rate for borrowing money from them at the end of November 2022 was between 0.75% and 2% per month which equates to between 9% and 24% per annum.
    Answer the question and don't deflect - what are the terms of the loan? If you don't know copy and paste the following..........

    I don't know

  4. #4
    Join Date
    Jan 2014
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    Quote Originally Posted by Deeranged View Post
    Answer the question and don't deflect - what are the terms of the loan? If you don't know copy and paste the following..........

    I don't know
    I enclose the Soho Green website where you will see that they offer bridging loans of between 1 month - 36 months in length at a current borrowing rate of between 0.95% and 2% per month which equates to between 11.40% and 24% per annum.
    They also offer super sized loans of up to £20 million for a maximum period of 12 months. https://sohogreen.co.uk/
    You would need to ask John Nelms what interest rate Dark Blue Property Holdings Limited and Sandeman Properties Limited are being charged for their respective loans.

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