News and Announcements
Investors Central Ltd FY15 Company Update
- Published January 29, 2015 11:57AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
In 2014, Investors Central raised over $12m. The company also welcomed a new non-executive Director this year, Andrew Kemp. Andrew contributes a solid wealth of knowledge to the board and is currently a director of the following listed companies: Silver Chef Limited, PTB Group Limited and G8 Education Limited.
Investors Central launched a new Prospectus in August, offering Investors a Fixed Term Interest Security from 9% to 16% PA with interest paid monthly.
Having paid Investors $6.5m in returns since inception in 2010, Investors Central continues to experience strong, steady growth in the Automotive Lending sector nationwide.
Managing Director, Jamie McGeachie has presented to investors in Melbourne, Sydney, Brisbane, Townsville and Singapore during 2014, substantially increasing awareness of Investors Central to Investors at home and overseas.
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ABOUT INVESTORS CENTRAL
Investors Central was established to raise capital to fund the expansion of our automotive lending business, Finance One. Since 2010, Finance One has specialised in lending to an industry sector which has up to 4 million Australian’s looking for credit.
Finance One writes loans from $5,000 to $50,000 the loan book carrying value as at 30 June 2014 being $ 19.1M. The business has enjoyed steady growth and continues to grow through relationships with an expanding network of finance brokers.
Over the past four years Investors Central has delivered consistent steady growth in both revenue and profit. This has allowed us to continually attract new investors as we grow and pay them fixed interest returns from 9% to 16% through redeemable preference share issues. Full details of the available investment opportunities are outlined in our Prospectus.