The bonds offered on our platform are classed as either Speculative Illiquid Securities (SIS) or Non-Readily Realisable Securities (NRRS) by the Financial Conduct Authority (FCA), depending largely on the business that is issuing the bond.
If that business makes loans or investments, or develops property, then it’s likely to be a SIS, in which case investors are required to complete a preliminary assessment of suitability before we can promote any SIS investments, and only high net worth individuals or sophisticated investors are allowed to invest.
All of our other bonds are classified as NRRS. Investors will be required to complete an appropriateness test before we can make any direct offer promotions and everyday investors are capped at 10% of their net investible assets
The Bonds offered on our platform are high-risk, illiquid, not listed on a regulated stock market, and are hard to value independently.
All the bonds are transferable, but as there is no established secondary market you should assume that you need to hold your bonds for the full term.