-- Ablrate's Secondary Market to tap into the projected
$40 billion online lending
industry
LONDON, July 14, 2015 /PRNewswire/ -- Ablrate, a
pioneering peer-to-peer lending platform that is the first in the
world to offer investors access to asset backed loans against
aircraft transactions has launched a sophisticated new platform
with a unique Secondary Market.
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David Bradley-Ward, CEO Ablrate
said, "The new Secondary Market is a culmination of feedback from
investors and our experience trading in other markets, such as
commodities and bonds, where a two-way market is essential. Any
market can only be successful if there is liquidity, and that is
never guaranteed, but we feel that the way we have structured the
secondary market and the accuracy of the calculations, will make it
an attractive addition to the Ablrate platform. In the short time
the system has been live we have seen over 500 trades."
According to research firm Liberum, the global online lending
industry has surpassed $8 billion in
2013, and is on its way to become a $40
billion industry in the U.S and UK alone by 2016. Ablrate is
on track to tap into this growing industry with its new investment
platform and revolutionary secondary market.
"What attracted us to Ablrate was the innovative approach they
have to the sector and the new Secondary Market is a product of
that innovation." said Spyros
Papadopoulos, CEO of Synthesis, an institutional investor on
Ablrate, "For professional investors, and retail investors alike,
being able to trade on accurate yield figures is important and
being able to do so in a true two-way market with bids and offers
is a logical move forward for the sector."
In line with other platforms, Ablrate allows investors to list
their loans on a secondary market for onward sale to other
investors. With the secondary market on the new platform investors
can list the price they are willing to pay for a loan (a 'Bid') or
list their loans for a price they are willing to sell (an
'Offer').
This Bid and Offer system allows more flexibility for buyers and
sellers to come together. During the research for creating the new
Secondary Market, Ablrate found that a number of platforms suspend
interest for investors once they list their loans on the secondary
market, effectively meaning that investors buy loans with more
interest attached to them and outgoing sellers lose out on some of
their earnings.
Ablrate's new system uses cutting edge technology to address
this issue and add value to investors registered on Ablrate's
platform. It fully calculates interest due to sellers and credits
their accounts appropriately when the sale is made, in effect
meaning that an investor could list all their loans on the market
and never lose out on any interest, whether their loans where
purchased or not.
Ablrate will also be adding a sophisticated 'Auto Invest'
feature, which interacts with all elements of the platform from
primary market (new loans) to the secondary market allowing
investors to tailor their investment requirements and let the
system trade for them automatically.
With this new launch, Ablrate aims to continue to provide its
users with exciting investment opportunities that range from the
highly regulated aircraft leasing space to capital equipment
transactions, while offering a secured investment proposition and
higher returns. To date the new platform has traded over £2
million, with another £2 million due to be closed shortly. In the
pipeline the company also has £50-£100 million forward looking
trades that puts it in a strong position for the coming year.
For more information on Ablrate's new platform please visit
www.ablrate.com
About Ablrate
Ablrate is a pioneer in asset backed lending against
high-quality assets and the first peer lending platform in the
world to give investors access to aircraft transactions. Through
our unique online investment platform, we enable individuals and
businesses to manage their own financial risk and returns,
disintermediating and removing the cost of the middleman. Investors
have full visibility of the asset they are investing in, but also
of the potential risk exposure (estimated by ablrate.com) they are
taking on. Ablrate gives investors access to exciting and unique
investment opportunities ranging from the highly regulated aircraft
leasing space to capital equipment transactions that provide
investors with good security and higher returns.
www.ablrate.com
Media Contacts:
Natalie Cowley
PR & Marketing Manager
Ablrate
natalie@ablrate.com
+44 (0) 203 283 4518
Shalini McCarrick
Director
Gutenberg Communications
shalini@gutenbergpr.com
+44 (0) 20 7470 8894
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