Swift Advances. Secured Loan Charges reclaim

[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.

[dazpen]

its o.k sparkie you have me looking and digging now!

[pkelly]

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

nite matie working on the net thing talk tomorrow

[pkelly]

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.

 

is this helpfull

 

HeinOnline=

[pkelly]

HeinOnline=

[Chilihendrix]

Depending on the costs, this will determine if I can afford to be counted in. As Im a Carer on Carers allowance and Income Support, obviously my funds are very limited, but if the costs that are shared are reasonable, then I may be able to chip in...just to see these Animals go down.

 

i would definately like to be included in this if i can afford to

[Smarterchick]

A call to all Swift Account holders for information:

 

Can you please tell us which bank account you pay your Swift payments into?

 

To protect the site we ONLY want the last 4 digits of the sort code and the last 4 digits of the account number

 

Which Bank:

 

sort code: xx 1234

 

Account : xxxxx1234

 

Please find out from your direct debit payments or your bank statements and post them here....tick tock....

 

Thanks

 

Lets keep this alive:

[coolchris]

PM to u Smarterchick.

[landy_alert]

Can anyone on ANY of the forums tell us if they have ever obtained a loan or mortgage from Kestrel Loans No 1 Ltd or Kestrel Loans No 3 Ltd, Please tell us

 

Can any of the site team please ask this question on as many of the Forums as possible .....IT IS A MATTER OF EXTREME PUBLIC IMPORTANCE as well as Swift Customers.

Their accounts say they have "Loan Books" so there must be loans out there somewhere to back this up. I wonder if sparkle can tell us on monday...Maybe???

 

sparkie

 

Having had a trawl around the site I can find no reference to anyone with a Kestrel Loans No 1 (or No 3) Ltd loan - shouldn't we be asking this question on the other sub forums of this site and indeed of other similar sites?

 

Regards,

 

Landy x

[Sparkie1723]

Having had a trawl around the site I can find no reference to anyone with a Kestrel Loans No 1 (or No 3) Ltd loan - shouldn't we be asking this question on the other sub forums of this site and indeed of other similar sites?

 

Regards,

 

Landy x

 

Hi Landy,

 

You are right on and in as many places as we can.....Will explain the reason later its most important,

 

sparkie

[zeblet]

Hi Smarterchick The bank I pay money to Swift at is Barclays sort code **7289 account no ****5818. Hope this is helpful!

[sunray001]

Hi SC

 

check your message box

 

regards

[Sparkie1723]

My friends in N.Ireland ( Colleagues) as Mr Webster calls them have told me that their Barrister is applying for High Cost Legal Aid for them both due to the serious irregularities surrounding their case, this would mean it would draw National attention to it .

 

I could ask the Court in my case in any event to stay my proceedings until the outcome of their case as my case Defence is practically identical, they are using some of the content of my Judgement summary.

 

sparkie

[Smarterchick]

All this reminds me of a fellow who wanted to open a hot dog business and went to the bank for a loan " What have you got as collateral?" the manager asked - "not a sausage" said the man

 

SC

[pkelly]

December 19, 2008

Swift Group, the private equity backed mortgage lender, has said that it expects to have new funding lines in place early in the New Year

 

In one of the first positive messages to the mortgage intermediary community for some time, the lender said that it has been in close contact with its bankers in recent weeks and can see no reason why its funding will not be renewed.

John Webster, chief executive officer of Swift Group, said that a relaunch in both first and second mortgages is planned in the second quarter of 2009 when the business will be taken out of mothballs.

He added, "We spent a lot of time with our banks and they were happy to maintain their relationship with Swift when there were certain other companies that had their facilities withdrawn."

There remains significant demand from intermediaries for products to cater for clients with impaired credit records, particularly in the medium to heavier adverse bracket of the market.

Swift's majority stakeholder is private equity firm Alchemy Partners, which has invested £126.5m since May 2004 when the business was purchased as a management buyout in return for 73% of the equity

 

I WOULD NOT BANK ON IT JOHNNY LOL;)

[pkelly]

Sparkie here a wee song can you put it to Johnny be Goode music

and give the money to charity RSPCB

Deep down in Arcadia House close to New Orleans

Way back up in the Brooks among the evergreens

There stood a log cabin made of earth and wood

Where lived a country boy named Johnny B. Goode

Who never ever learned to read or count so well

That’s the reason Swift is just a going to hell

 

 

Chorus:

 

Go, go, go Johnny go go

go Johnny go go

go Johnny go go

go Johnny go go

Johnny B. Good

 

He used to carry his money in a wornout sack

But what`s he gonna do,cus he`s to give it back

Oh a Judge could see him sitting in the shade

Summing up the accounts and mistakes he made

People passing by they would hear him say

Come on Mr White get on your knees and pray

 

Chorus

 

His mother told him "someday you will end up it jail"

Cause you wont give an answer to Sparkies Mail

Many people coming from miles around

And see you playing your fiddle till the sun go down

Maybe someday your name gonna be in lights

Sayin' 'Johnny B. Goode tonight'

So whats gonna happen hes no licence to trade

Whos gonna tell his shareholders and Mr Slade

So all the birdies will all have to take flight

So the last one out, please turn out the light

[pkelly]

sparkie where are you can you not come :(ut to play,??????

[Guest blackie]

**7289 account no ****5818 snap, both my payments go to Barclays. I actually pay my accounts via the Barclays on payment slips. So I have copies if they are needed.

[dazpen]

if pay by card how do you think i can find out this info as the bank only keep the merchant card service no. for there records? any ideas ?

[Sparkie1723]

KPMG are Swifts Auditors.................and KPMG paid Over $350 Million dollars in the States to prevent being sued for false accountng............just shows the power of money .......it can over ride all laws if the offer is good enough!!!

 

sparkie

[Sparkie1723]

Isn't it strange that as soon as I post something ...guests appear like Pkellys rabbits out of a hat!!

 

sparkie

[Sparkie1723]

On the 2nd Dec 2009 I will post every little bit of information I/we have obtained about Swift Avances and the Kestrel companies and their operations and I can tell folks its a lot...............I am now having to amend my defence to include more documents ready for our Court hearing, I can tell folks it will help EVERYONE who is fighting Swift when I post it all..........sorry I can't post it now even Swift don't know the full "HIT" yet

 

sparkie

[coolchris]