1ST CALL CARE LTD

Other

Funds raised

£50,000.00

Offered so far

£0.00

Loan term

36 MONTHS

Deadline

2013-09-02

Thank you for stopping by...
This loan is now passed its deadline, lender funds will soon be released.

About the Business

Company Name: 1ST CALL CARE LTD Company Number: 07073563
Business Type: Other Years Trading: 2-3 years
Business Location: NOTTINGHAM

About the Risk

Risk rating

A

Default rate

7.00%

Bad debt rate

9.69%

About the Security

Security Offered:

1st Charge Non Residential Property

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

1st Call Care provides specialist care services to children and adults with learning disabilities, mental health disorder, autism and others. We now have some key relationships within clinical teams in the north and the midlands to branch out into specialist residential services.

Read more

Loan Offers

What is the loan for?

This loan will help us get support from our bank to purchase a new property in Bury. The property is valued at £150,000, of which £100,000 will be supported by the bank in the form of a commercial mortgage. The company will refurbish the property at a cost of around £30,000 out of current cash resources. This will add to the value of the property and provide equity to support a 2nd charge over the property which will be granted to lenders in addition to a directors personal guarantee. The property will provide a much needed childrens residential service in the Bury and Greater Manchester and surrounding areas. This will be a re-integration service for young females with borderline personality disorder and will enable young people to spend more quality time in the community with a view to independent living at adulthood.

Why consider investing?

This is a much needed service in the area which will improve outcomes for children and young adults reintegrating into the community. This service will provide intervention which will give prevent in some cases users of the service from having to have lengthy hospital based rehabilitation and will reduce the number of placement breakdowns due to the fact that the service is better equipped to provide stronger, more positive outcomes.

DateAmountCapitalInterestReceived
09/10/2013£1,633.15£1,181.48£451.67
09/11/2013£1,633.15£1,192.16£440.99
09/12/2013£1,633.15£1,202.93£430.22 (8 days late)
09/01/2014£1,633.15£1,213.79£419.36
09/02/2014£1,633.15£1,224.76£408.39
09/03/2014£1,633.15£1,235.82£397.33 (8 days late)
09/04/2014£1,633.15£1,246.98£386.17
09/05/2014£1,258.25£1,258.25£0.00
09/06/2014£1,269.61£1,269.61£0.00
09/07/2014£1,281.08£1,281.08£0.00
09/08/2014£1,292.66£1,292.66£0.00
09/09/2014£1,304.33£1,304.33£0.00
09/10/2014£1,316.11£1,316.11£0.00
09/11/2014£1,328.00£1,328.00£0.00
09/12/2014£1,340.00£1,340.00£0.00
09/01/2015£1,352.10£1,352.10£0.00
09/02/2015£1,364.32£1,364.32£0.00
09/03/2015£1,376.64£1,376.64£0.00
09/04/2015£1,389.08£1,389.08£0.00
09/05/2015£1,401.63£1,401.63£0.00
09/06/2015£1,414.29£1,414.29£0.00
09/07/2015£1,427.06£1,427.06£0.00
09/08/2015£1,439.95£1,439.95£0.00
09/09/2015£1,452.96£1,452.96£0.00
09/10/2015£1,466.09£1,466.09£0.00
09/11/2015£1,479.33£1,479.33£0.00
09/12/2015£1,492.69£1,492.69£0.00
09/01/2016£1,506.18£1,506.18£0.00
09/02/2016£1,519.78£1,519.78£0.00
09/03/2016£1,533.51£1,533.51£0.00
09/04/2016£1,547.37£1,547.37£0.00
09/05/2016£1,561.34£1,561.34£0.00
09/06/2016£1,575.45£1,575.45£0.00
09/07/2016£1,589.68£1,589.68£0.00
09/08/2016£1,604.04£1,604.04£0.00
09/09/2016£1,618.53£1,618.53£0.00
Total:£50,000.00£2,934.13