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Guernsey
Jersey
Isle of Man
Isle of Wight
Southampton
Loan Note 2
- Fully Subscribed
- 9 year term
- 3 year break points
Following the very successful launch of our first Loan Note Investment product in February 2013, and by working with and listening to
our investors, we have successfully reached full funding
with Loan Note 2.
Cherry Godfrey Consumer Funding II Limited is licensed by the Guernsey Financial Services Commission. Registered in Guernsey No. 55039. Registered Office: No. 1 Fountain Street St. Peter Port Guernsey GY1 4AQ.
Frequently Asked Questions
What is the minimum Investment?
£50,000 minimum No Maximum
How will the Funds be invested?
The funds will be used to establish a Channel Island consumer finance portfolio consisting primarily of small advances. Some advances for similar purposes may be provided to residents of the Isle of Man.
Who will own the underlying assets?
Security over underlying assets, being the Loan agreements and cash reserves, will be secured for the benefit of the Loan Note Holders.
How will the security arrangements operate?
Security will be independently audited quarterly and reports made to a Trustee who can enforce the security for the Loan Note holders.
What happens at the end of the term?
Following the expiry of the term, the original Loan capital and final interest payments will be returned to the Loan Note holders.
Will CG issue further Loan Notes?
CG may issue similar Loan Notes in the future to create further finance portfolios. Where possible, existing Loan Note holders will have priority to invest in these further Notes.
