Peer-to-peer lending scheme CapitalStackers is looking for £1.9m investment for its latest project after completing York deal in just 14 days!
CapitalStackers is a peer-to-peer lending scheme that allows private investment from £5,000.
The £2.2m funding needed for its most recent project – a residential project in York – was reached in just two weeks.
Steve Robson, from CapitalStackers, said: “The latest CapitalStackers deal is fully funded and we are now inviting investment for another exciting residential project.
“We completed a £2.2m loan to help Norstar Ltd buy and develop a 24-unit residential block in York.
“We were only engaged on November 5 and it proved so popular that the entire funding was completed just 14 days later.
“For those who missed out, there are some opportunities on the secondary market as we have released an element of underwritten funding to the wider market place.”
The next project will be a £1.9m residential development in Birmingham with returns expected to be between seven and 17 per cent over 15 months.
Steve added: “The next CapitalStackers is also a residential project – this time in Birmingham city centre.
“The total loan is £1.9m and we’ll be funding the whole of it – and it’s made especially attractive by the fact that the highly regarded borrower has injected substantial equity.
“If you’d like to invest or ask any questions at all, please give me a call sooner rather than later, as I suspect this deal will naturally be very popular and I wouldn’t want you to miss out.”
For more information go to www.capitalstackers.com.
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