Swift Advances. Secured Loan Charges reclaim

[sunray001]

OK, read em and weep boys.

Bank: Barclay

Sort **7289

acc #: ****5818

[sunray001]

Having read some of Pkelly and sparkies posts, Swift are probably still trying to work out if they are dealing with Laurel & Hardy or the Marx brothers.

:):):)

[pkelly]

guess whos just flew in:D got myself one of these rasberry things so now I can logg on anywhere especially when my ears are warm lol

[Smarterchick]

 

a) You're being very polite s/m/c have you had a good day or something?

 

b) I'm glad that Pkelly isn't on tonight maybe I can get to bed early

 

sparkie

 

a) I am always polite sparkie - so naff off!

 

b) He's back, so bang goes the beauty sleep :grin:

 

Sunray, thanks...keep them coming folks..

[pkelly]

smc what are you looking sensillyble posts are you putting up a fence

[Smarterchick]

smc what are you looking sensillyble posts are you putting up a fence

 

I am a fence

[pkelly]

cant work this rasberry ting worse tahn mobile am in arport so be flying soon oh smc you are worse than a magnet at least it has a possive side lol

[pkelly]

solly about spellng folks to awkard this wee blueberry thing used wirh bigger things this time of night

[Sparkie1723]

Here's a sensible post ...........I am on the track of the fact that Kestrel No1 are involved in mezzanine borrowing that in my understanding is the involvement of SPV's which in turn leads to securitization which Mr Webster has denied takes place in their group activities??? more investigating is continuing, using various means at our disposal..

 

sparkie

[Sparkie1723]

O BXXXXXXX Hxxxx He's back the Bxxxxxxy Leprechaun!!!

 

 

sparkie

[sunray001]

PKelly will need to be a leprechaun to use that blueberry thing. I got rid of mine, terrible. It was probably the touch screen.

[Sparkie1723]

How and why would a company 23 days after its incorporation need tto be involved in mezzanine borrowing???

[pkelly]

what med.... borrowng boss borrowing someones cough bottle:confused: has johnny da dose of the skitter

[Sparkie1723]

what med.... borrowng boss borrowing someones cough bottle:confused: has johnny da dose of the skitter

 

 

Don't know about cough bottle you must be on that wasssaammarrra or whats it called "marriedinhavana"

sparkie

[sunray001]

Hi Sparkie,

Mezzanine finance, is cheaper than equity financing and does not require the company to give up equity.

[Smarterchick]

PKelly will need to be a leprechaun to use that blueberry thing. I got rid of mine, terrible. It was probably the touch screen.

 

 

 

Ah, you see sunray that's the secret...pkelly's still looking for the buttons

[Smarterchick]

Hi Sparkie,

 

Mezzanine finance, is cheaper than equity financing and does not require the company to give up equity.

 

 

Can you enlarge upon that sunray...can you explain the difference and sparkie, where did you get that mezzanine word at this time of night?

 

Sorry, trying to be serious for once...

[sunray001]

I bumped into pkelly the other day. He was carrying a mirror, when

all of a sudden he threw it down. I asked him what he did that for, he

replied "No point in both of us carrying it"

 

:)

[Sparkie1723]

Hi Sparkie,

 

Mezzanine finance, is cheaper than equity financing and does not require the company to give up equity.

 

 

Not on what I have just read on the debenture they undertook they handed over every thing from the time they signed the debenture ...but they hadnt got anything

[Sparkie1723]

Can you enlarge upon that sunray...can you explain the difference and sparkie, where did you get that mezzanine word at this time of night?

 

Sorry, trying to be serious for once...

 

 

Off the 395 Kestrel filed at Companies House 13th July 2004

Funder Bank Barclays ...security agent Indigo Capital ..... Presentor Solicitors DLA LLP

Noble Street London

 

This also has some strange wording on it ...Time critical application....seems as if this company was incorporated to borrow money in a bloody hurry..just my view

 

sparlie

[sunray001]

Hi Sparkie,

 

 

Its been a while since I covered this stuff, not one of my strong points,and as you know I don't have a lot of time at the moment to spend on it, but what was their debenture secured on then?

[Sparkie1723]

Hi Sparkie,

 

 

Its been a while since I covered this stuff, not one of my strong points,and as you know I don't have a lot of time at the moment to spend on it, but what was their debenture secured on then?

 

 

That the question .they had only been in business 23 days what could they have as security?

 

 

I know even less than anyone but you can't get a mortgage if you haven't got a house UNLESS ???????? left to peoples imagination......that's how the yanks did it getting millions on a waste bit of land that belonged to the city councils

[Sparkie1723]

pkellys gone to sleep so am I now ...........he's tired me out all day.

 

good night all....I leave you to ponder my questions

sparkie

[dazpen]

Debenture: Legal advice - London lawyers explain Debenture explains what a debenture is!

[sunray001]

Mezzanine financing

A hybrid of debt and equity financing that is is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.