Percent - Private Credit Markets - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News - 9/1 Photo of the Year Voting | 8/2 New Sponsor: Swedish Dynamics | 7/29 T-Shirts are In!

[General | Members | C900 | 9000 | NG900 & OG93 | 93 | 95 | NG95 | 99 | Sonett | Vintage Models | Performance | Detail | Clubs & SOC | Other Cars | FAQs | Gifts | Member Photo Galleries | Member Directory | Classifieds | Service/Mechs | Manuals | *Buddy Registry | *Mileage Registry | Polls | What's New | Raffle | Photo of the Month | Sponsors]

General Bulletin Board
[Subscribe to Daily Digest]
(Search Author's Posts: e.g. Keyword:username)*Members Only


[Main General Bulletin Board | BBFAQ | Prev by Date | Post Followup ] Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Percent - Private Credit Markets
Like This Post:
Posted by Scott Paterson [Email] (#13) [Profile/Gallery] (more from Scott Paterson) on Mon, 15 Aug 2022 11:31:26 Share Post by Email
Alert me when someone posts in this thread:
Members do not see ads below this line. - Help Keep This Site Online - Signup

I've been a stock market investor since January 1991 and that's been a good thing for me. I endured the dotcom bust which creamed my portfolio (didn't sell off) and the 2008 recession (didn't sell off) and this (truly minor in comparison) latest downturn. I'm very much NOT a cryptocurrency fan (1-2% of my portfolio is crypto). In 2018, I started to look into these new "Accredited Investor" opportunities as they relaxed financial laws on who could invest pre-ipo and things like Microventure, StartEngine, and WeFunder popped up and I've been putting a small amount into interesting things I see there. In the past year, I've been exploring the newly opened private credit markets that are now available under the same "Accredited Investor" rules. I've now made 22 investments on Percent ranging from 9-16% annual interest rate including from Percent itself which opted to further fund their business not with venture capital = selling part of their company, but by taking a private loan (private credit market) at 16.08%. Taking a loan, in the long run, makes them more money than selling off part of their company now to investors, if you get that point. And yes, I agree with them. They have such a strong business prop that it makes complete sense to hang on to owning 100% of the company going forward.

Of the 22 investments, 15 have been completed and 7 are still repaying. Most offerings pay back ahead of time to save on interest. Also, the offerings are not plentiful and usually there is nothing available. The other day, I received an email alert about a new offering at 1pm and when I got a chance to look at 4pm, it was already closed at 160% over-subscribed.

If interested, have a look here at the link below.

-Scott

Percent - Private Credit Markets for Accredited Investors


_______________________________________ Saabnet.com Webmaster Saabs Owned: 1973 Saab Sonett III (Current) 1983 Saab 900 Turbo 1985 Saab 900 Sedan 1990 Saab 900 1992 Saab 900S 1999 Saab 9-3 Turbo 2005 Saab 9-2X Aero (RIP 95K/Accident-guy ran stop sign) 2005 Saab 9-2X Aero (Current) 2007 Saab 9-3 SportCombi 2010 Saab 9-3X Wagon (Wife's Current) Winner 1996 Saab Owners Convention Rally Novice Class Winner 1999 Saab Owners Convention Rally (All Classes) Also Founder of two non-profits: Poverty2Prosperity.org RunClubMenloPark.org


Posts in this Thread:
Alert me when someone posts in this thread:
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup

No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.

Name: Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
E-Mail: (Optional)
Re-Enter E-Mail: (Confidential & Secure - Not revealed to other users!)
Note: Please check your spam folder for BB responses.

Subject:

Posting rules are simple - No for sale/wanted ads may be posted here - use the site classifieds.
You may not cross-post your message to multiple BBs.
Not permitted: political/religious topics and being disrespectful (personal attacks, insults, etc...).
Site Members do not see any red text, inline ad links, bottom of page anchor ads, box ads, or anti-spam check.

Message: (please no for sale/wanted classifieds - post those in the Saabnet.com Classifieds)
Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).


Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post above, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).

Optional Link: (e.g. http://www.saabnet.com/)
Link Title: (Optional)
Optional Photo/Image Link: (e.g. http://www.saabnet.com/img.jpg)
Photo/Image to Upload: (Please be patient while file uploads)





StateOfNine.com
Swedish Dynamics
SaabClub.com
Jak Stoll Performance
Button Ad Available

The content on this site may not be republished without permission. Copyright © 1988-2022 - The Saab Network - saabnet.com.
For usage guidelines, see the Mission & Privacy Notice.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

Random Saabnet.com Member Gallery Photos (Click Image)

This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Contact | Site Donations | Other Sites by SP - Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot



Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all the Site Membership Benefits!