What is black box lending?
ASMX Fund PPC Limited is a regulated Gibraltar EIF (experienced investor fund) fund who manage investors funds in order to achieve a target rate of 8% investing in loans on the Ablrate platform and are a provider of liquidity to the Loan Exchange by buying and selling loans. The fund has also signed a underwriter licence agreement to offer liquidity for loans that need to be completed quickly before they are placed on the Loan Exchange. The fund earns interest on the loans it has invested in and also shares in Ablrate’s income from loans it has underwritten.
*Black Box Lending is currently available for those who meet the criteria as a professional, sophisticated or HNW investor with €50,000 minimum, if you have taken advice from a regulated financial advisor, or €100,000 if you have not. Your capital is at risk.
The fund does not have enhanced rates, any profit over the target rate is shared 50/50 with the investor and the fund owners. I.e if a return of 11% is achieved, the lender will receive 9.5% and the fund will receive 1.5%. Ablrate does not receive any income from the fund.