News and Announcements
NTA has successfully raised $1.25M
- Published March 25, 2014 2:00PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Please read below the latest update from NTA:
- In the past few weeks NTA has successfully raised $1.25M out of the $5M for the first debenture; set to close by 30 April 2014 – to allow more investors to take part in the 11.75%pa return
- Since inception in 2012 till February 2014; 157 loans have been transacted by loan value of $17.5M, with 0$ bad debt and 100% enforcement collect success rate
- Here’s examples of a few companies have already been funded via NTA securities debenture:
- Equipment Hire company – $750K
- Labour Hire company – $1.5M
- Traffic Control company – $1M