|Term:||5 years, renewable|
|Early repayment option:||Yes, from 2 years|
6 % per annum, paid annually
|Secured:||Underlying loans secured|
|Insurance:||Borrower, named insured. Projects insured.|
|Ultimate Parent Manager:||Type:||Public Company|
|Years Established:||Over 30 years|
|Primary Security:||Oil, Gold, Silver resources and other mixed collateral|
The borrower seeks funding for continuous input into the development of natural resources operations which are owned and operated by the project companies. The borrower intends to provide this loan opportunity for the long term.
The underlying security considerably exceeds committed funding.
Loans are received and managed in the UK. The Borrower consists of 3 directors and is subject to annual audit in accordance with IFRS.
The borrower is supported by several professional counterparts.
The borrower is wholly owned by the ultimate parent manager established over 30 years.
The information in this page is very general in nature and does not constitute legal, tax, or investment advice. For detailed information please contact your professional advisor and/or regulated platform service provider.
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