RE:sure thing now ??I don't comment on this investment of mine very often because it is quite small and essentially playing with house money now.
I'm curious, how do you see it possibly blowing up within the next six months?
Are these all one year term loans? If so, I'd expect reported defaults to be virtually non-existant before the end of the term.
Nakate wrote: everything is in place and working as it should, the business will grow as more lenders and more borrowers get in on the action. Once Peak demonstrates to lenders that there money is safe and will earn a good return too the line up to the lend will grow and so will the loan book.
It maybe a good christmas this year if it don't blow up