19th May 2015
For people seeking alternative investment options, Wellesley Finance Plc is offering a great opportunity to invest in its Mini-Bond. The Wellesley Mini-Bond offers up to 7% (gross) interest per annum on a five year bond.
For a limited time, Wellesley Finance Plc is also offering 1.5% cashback on the five-year bond, and 1% on the three-year deal. Given that the minimum investment is just £100 and thereafter multiples of £10, the Wellesley Mini-Bond may appeal to a broad cross section of investors.
With UK interest rates still stuck at an all-time low of 0.5% for more than six years and interest rates showing no signs of increasing in the immediate future, investors have had to endure paltry deals from the UK’s banks and building societies, given they have slashed their deposit rates on offer to the bare minimum.
The Wellesley Mini-Bond has fixed terms of three and five years, offering respective interest rates of 6% and 7% (gross) per annum. Mini-Bonds are an investment and they do carry risk.
While investors have enjoyed some respite of late with inflation hitting a record low this year, coming in at 0% in March for a second month, well below the Bank of England’s 2% target, the Bank’s governor Mark Carney recently said that he anticipates the cost of living will pick up notably towards the end of the year, meaning that investors earning low interest rates will once again begin to see their spending power eroded. Hence the Wellesley Mini-Bond is giving the consumers the chance to inflation proof their investments right now.
In terms of how the Wellesley Mini-Bond works, bondholders lend their money directly to Wellesley Finance Plc in return for a fixed rate of interest, which is paid every six months, net of basic tax calculated at 20%. On maturity of the Wellesley Mini-Bond, the full amount of the investment will be repaid.
Wellesley Finance Plc is a traditional finance company who has to date, successfully financed over £200m of asset backed loans. Wellesley Finance Plc fund all the loans matched by their sister company Wellesley & Co, who are a Peer-to-Peer Lending platform. The platform’s core principle is to lend to borrowers whose assets provide tangible security over their loan. Wellesley Finance Plc began lending to borrowers in June 2013, and since its launch it has benefitted from massive growth, due to its unique business model. It is the only platform to put its money where its mouth is: it places its own funds into every loan that it makes.
Wellesley Finance Plc has launched the Wellesley Mini-Bond to provide additional operating capital which it will use for business expansion and lending capability. The Wellesley Mini-Bond gives investors the chance to be part of their ongoing success. The Bond is designed to be a straight forward investment and funds raised will be invested in asset-backed loans made available on Wellesley Peer-to-Peer Lending platform and business expansion.
Wellesley Mini-Bonds are not protected from loss by the Financial Services Compensation Scheme (FSCS).
Investors must be fully aware of the risks involved before applying to the Wellesley Mini-Bond.
The Wellesley Mini-Bond is available to UK residents, companies, charities and trusts and, depending on the provider, may be placed in a Self Invested Pension Plan (SIPP). The Wellesley Bond is not eligible for inclusion within your ISA wrapper. For further information and to take up the offer, CLICK HERE
Before you subscribe for any Wellesley Mini-Bond you should make sure that you fully understand the risks which are set out in the Invitation Document and you should determine whether the investment is suitable for you on the basis of all information contained in the Invitation Document. In the event that the Company becomes insolvent, you may lose some or all of your investment. If you are in any doubt about the contents of this document or the Invitation Document or the action you should take, you are strongly recommended to consult a professional financial adviser. Wellesley Mini-Bonds are not protected from loss by the Financial Services Compensation Scheme.
Wellesley Mini-Bonds are issued by Wellesley Finance Plc, a company registered in England and Wales with registered number 08331511, whose registered office is at 6th Floor, St Albans House, 57/59 Haymarket, London SW1Y 4QX. The information contained in this document has been approved as a financial promotion for UK publication by BDO LLP, 55 Baker Street, London W1U 7EU which is authorised and regulated by the Financial Conduct Authority to conduct investment business (FRN: 229378).