jonnomadpierre As part of the internal strategic review currently underway, we took the decision to suspend new loan listings. In the absence of a concrete outcome from the strategic review, I am not in a position to offer any further clarity. We will of course email our lenders when we have anything to report. For those lenders wishing to invest with us, there are currently a number of loan parts on our secondary marketplace which are available to purchase.
parag ; I have to say that you could hardly have produced a more disappointing/arrogant response if you had really tried. Would it not have shown some level of respect to your long-standing investors if you had communicated this quantum change in direction?For instance, why didn't you inform us about your decision to "suspend new loan listings"? And to add insult to injury you point us in the direction of the secondary market Like, honestly, I hadn't thought of that.
Simply not good enough; my withdrawal will move apace.
To be fair parag had previously stated that thay had no new loans coming and were looking at other options.
jonno My sincere apologies if my post came across as arrogant; it certainly wasn't intended to. As promised, I will keep all lenders updated to to developments and there is a lender communication going out imminently. The reason for not communicating this earlier was not down to a lack of respect to our lenders, I can assure you of that.