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  1. Paul@PFI

    Private Lendng - an alternate cashflow option?

    $2m unsecured...Melbourne Comedy Festival dates are here too: http://www.comedyfestival.com.au/2015/season/ I might suggest a tip from Shark Tank... Someone may lend it. And want 75% of the profit. And take a floating charge / guarantee.
  2. Paul@PFI

    Private Lendng - an alternate cashflow option?

    Presently the legal issues make it unviable...AFSL Licensing, Corporations Law, PDS, prospectus and all that stuff. I can see P2P as a fancy name for junk debt. You only use a junk debt lender if you cant access mainstream cheap funding options... That spells RISK. Some dodgy operator will...
  3. Paul@PFI

    Private Lendng - an alternate cashflow option?

    Peer to peer is growing but laws hamper its use (and its likely misuse !!). Laws exist to protect the vulnerable from loan sharks. P2P seems to attract a higher risk profile thus can be seen as a lender of last resort (LOLR). However there are some investors in P2P schemes that get well...
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