Loan Latest: A-Rated Offer May Close Early

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We’re delighted to report that our new loan, from repeat borrower, specialist publisher, Lawpack, is very popular. In fewer than four working days it is 90 per cent funded, and there is a strong chance of an early close to the auction.

The loan is A-rated, and has an indicative gross yield of 8.5 per cent.

Below, we publish excerpts of detail of the offering, available to registered users. While we have offered our best efforts to ensure that the borrower’s statements are true, we cannot warrant that this is so.

 Lawpack

“We publish legal forms with guidance for self-completion, aimed at the consumer and small businesses. The forms and guidance are written and approved by leading barristers or solicitors.

Customers

WHSmith, Staples, Tesco, Ryman, Amazon, Post Office

Suppliers

CPI Printers

Performance

During the current financial year, sales have remained under pressure, but careful control of costs is expected to result in increased operating profit for the year on a like-for-like basis.

Past history and growth

We started in 1993 and were the first company to sell a range of DIY legal products in the UK. We have had a difficult period, but the business is now stable and we are looking to return to growth in the next financial year.

Competitors

There are a number of competitors with more online than in the retail market.”

 M&CLogo

Lending & Risk

Please see warnings on the Home Page and in FAQs. Capital loaned is at risk. Learn more about crowdfunding and lending by visiting our Knowledge Hub.



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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.