Member Article

Valour Launch Variable Mini Bond

AWARD-WINNING finance firm Valour Group has become the first in the UK to launch a variable fin-tech mini-bond.

The Valour Group Bond, which offers an annual interest rate of up to 8.49% in return for a minimum investment of £1,000, is giving backers the opportunity to invest over one, two, three or four-year periods.

The Valour Group Bond will run until February 28, 2017, with interest paid every six months. At the end of their preferred investment period, investors will receive their initial outlay back.

The mini-bond was originally released in September in a bid to raise £5 million in investment. However, Valour Group has relaunched the bond in response to investor demand.

Valour CEO, Mark Bowker, said: “We originally issued a mini-bond with a fixed term of investment. But thanks to investor’s demands we decided to open it up to people who want to invest over shorter time frames, which we believe makes us the first fin-tech company to offer a variable mini-bond.”

In 2015 Valour Group, won Business of the Year at the Stockport Business Awards and earlier this year they were honoured at the prestigious Credit Today Awards in Mayfair, for their charity work.

Valour group turned over £8.5million in 2015, recording a pre-tax profit of £1.7million.

Mark said: “As a company we have zero external debt and have delivered a healthy 17% pre-tax profit margin so this is the ideal time for us to take on some external debt to enable our online lender Savvy.co.uk to grow further.

“Savvy.co.uk has been growing for several years and we believe in creating ‘Win - Win’ relationships, this is why we want to offer up to 8.49% to private investors rather than to a single large institution.

“We have developed robust systems for credit-checking, fraud prevention and responsible lending which is reflected by Savvy’s low arrears and delinquency rates. We now want to increase the value of our loan book with investment into the Valour Group Bond.”

Mini-bonds are an unsecured way for individuals to lend money directly to businesses. Investors’ money is not protected and professional advice should be sought before investing.

For more information, or to make an application, go to: www.valourbond.co.uk

This was posted in Bdaily's Members' News section by James Savage .