3DD ENTERTAINMENT LIMITED – LOAN 17

Listed 10 December 2018 By No Comments
Borrower
3DD ENTERTAINMENT LTD
Loan Amount
£350,000
Loan Term
48 MONTHS
Repayment Method

Capital & Interest

Interest Rate

8%

Purpose

Provide additional funding for next suite of television programmes.

Security

1. First ranking debenture over 3DD Entertainment Ltd
2. Corporate Guarantee from 3DD Productions Ltd, 3DD
Holdings Ltd, and IND DVD Ltd.
3. First ranking debenture over3DD Productions Ltd
4. First ranking debenture over 3DD Holdings Ltd,
5. First ranking debenture over IND DVD Ltd.
6. Unsupported personal guarantee from Mr D Saville
limited to £250,000
7. Deed of subordination over Directors’ loans

The security for this loan and Loan 16 will rank pari passu.
The security for any future loans provided through the ThinCats group of companies will rank pari passu with these loans.
Reliance should not be made on the personal guarantee when making an investment decision.

Valuations

The P2P Casebook information on this page has been prepared on the basis of information provided by Borrower to F&P Sponsors Limited for the purposes of completing the loan information pack relating to their case. F&P Sponsors Limited accept no responsibility or liability for the accuracy of the information in the information pack. Potential lenders must form their own view of the risk involved in lending to the Borrower and F&P Sponsors Limited accepts no liability for any loss or diminution of the value in the lender's assets arising from their decision to lend to the Borrower.