MELT Holdings Limited is offering £500,000 debt investment via the Bond promoted by Crowd with Us. The funds raised will be used to secure a pipeline of new projects that MELT Homes intend to offer as future equity projects.
Interest on the Bonds is 10% per annum simple interest and will be calculated on a daily basis on the basis of a year of 365 days and shall be payable on redemption of the Bonds. For example, if £10,000 worth of bonds is subscribed for, the daily rate of interest is £2.7397. If in this example the Property Company redeems the Bonds at the end of the term (12 months) this would equate to a redemption amount to the Bondholder of £1,000 interest plus the initial £10,000. An investor holding his Bonds until redemption will receive the redemption amount without any deduction of fees. Please refer to the Further Information section below for a summary of the taxation of Bonds.
Subscription orders for Bonds will be dealt with on a first-come, first-served basis.
Investors in this Bond will have the ability to convert their debt to equity in other investment opportunities offered by the borrower. This can take place within the initial 12 month period from investment.