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Is the prospect of investing in Logbook Loans anything that interests you?
This post will specifically talk about the investment options from Logbook Loans 247. The company offers pawnbroking contracts and logbook loans UK for 500 British pounds to 50,000 pounds against vehicles and valued items. These are considered high-cost, short-term credit.
We are hearing reports that Logbook are now late in repaying investors.
My contact details are advice@adamfayed.com and WhatsApp (+44-7393-450-837) if you have any questions.
Ultimately, investing into loan notes always carries big risks, and you could lose all your money.
Getting advice and knowing the positives and negatives of the opportunity can be impactful.
Who is Logbook Loans 247?
Logbook Lending Ltd specializes in subprime loans. It is doing business as Logbook Loans 247.
The consumer lender was established in 2010 and is FCA-regulated.
Logbook Lending has also rebranded as Logbook Asset Management.
Logbook Loans Investment Opportunities
Logbook Lending is offering secured loan notes to eligible investors.
The notes will be protected by a debenture that covers all of the company’s current and future assets and rights.
The lender’s transferable and non-transferable notes are issued in 7 million pounds and 20 million pounds, respectively.
Related content: Logbook Loans Review
Logbook Loan 2-Year Notes
Over the course of two years, investors can earn 10% interest on their Logbook Lending Ltd loan note if they want to get their payments every three months. Alternately, investors can choose to collect their interest upon maturity, with an annual return of 11%.
3-Year Notes
For a three-year investment, the notes offer an annual yield of 11% if the coupon is received quarterly. The loan notes offer 12% interest if investors opt to receive their payment upon maturity.
Is there a minimum to invest in the secured notes?
The minimum investment is 10,000 in pounds, US dollars, or euros.
Who can invest in the loan notes?
- Asset managers
- High-net-worth individuals
- Portfolio managers
- Family offices
- Sophisticated investors
Pros and cons of investing in Logbook Loans secured notes
Advantages of logbook loans secured notes
- Can diversify investments
- Given the current payment delays the positives are now pretty small.
Risks of logbook loans secured notes
- Investors risk losing money if borrowers go into default, especially if the collateral isn’t worth enough to pay off the loan
- It could be challenging to swiftly or at a fair market value dispose these investments due to low liquidity
- There is no assurance that the Notes will be fully repaid just because the debenture is there, so investors should be aware that their money is at risk
Final Thoughts
Until Logbook repay current investors, the risks look very high.