11-06-2018, 01:09 PM
Fundingsecure have just updated their loan statistics for the month of May, as below:
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Usually their monthly loan performance belies the wailing and gnashing of teeth that goes with it, but I have to say it doesn't seem to have been a great month.
- Loans overdue jumped by just over £7m from April to May. In context, there has been a 50% increase in overdue loans since the end of March.
- Defaulted loans have increase by ?0.9m this month.
Stating the obvious, they could really do with some repayments to enhance their stats this month. Formby, Charter House, and the Cinema being renewed/redeemed would be a good start.
\[table\](.*?)\[/table\]
Usually their monthly loan performance belies the wailing and gnashing of teeth that goes with it, but I have to say it doesn't seem to have been a great month.
- Loans overdue jumped by just over £7m from April to May. In context, there has been a 50% increase in overdue loans since the end of March.
- Defaulted loans have increase by ?0.9m this month.
Stating the obvious, they could really do with some repayments to enhance their stats this month. Formby, Charter House, and the Cinema being renewed/redeemed would be a good start.