Krinvest Care Loans
Earn an inflation beating 6.75% p.a. secured on assets.
Krinvest Care Group was established to provide integrated health and social care services in England and Wales.
Krinvest Care Group launched in 2004 with their first care home in Atherton. Krinvest now owns and operates 5 care homes and 2 children's nurseries in the UK. The company has grown by providing a high quality and much needed service.
How it works
You invest from £500 via a peer to peer loan, for a four-year period and have the opportunity to receive a highly competitive, fixed 6.75% p.a. return. Your investment will be used to expand supported living accommodations that provide care through the purchase and redevelopment of 20 properties. The supported living services will be supported by contracts with various NHS trusts.
Giving you better security on your money
The Loans are secured over the assets, property and undertakings of Krinvest, via a first ranking debenture. In addition, your Loan will be secured on supported living properties purchased by the Company, by way of a first ranking legal charge over the properties. Each charge will be registered with the Land Registry. Full details of the security package can be found on page 18 of the Krinvest investment brochure.
So how much interest and capital will I receive?
It’s simple - if you invest £10,000, you would receive £675 interest per annum, paid gross. This equals £2,700 interest over the four-year term. Interest is paid directly into your Crowdstacker account or your bank account. You don’t need to reinvest your interest to receive this great rate. Take a look at our interest calculator below.
We want you to make the most of your money, so we don’t charge you any fees for investing through Crowdstacker.
Can I hold my investment tax efficiently?
At Crowdstacker we offer two accounts which can offer you tax efficient benefits depending on your own personal tax status:
Crowdstacker Innovative Finance ISA - pays interest gross and allows you to earn interest tax-free. You can invest up to £20,000 in this tax year 2017/18.
Crowdstacker P2P Account - Crowdstacker investments are also eligible for up to £1000 tax-free interest under the Personal Savings Allowance if held within a Crowdstacker P2P account.*
*Please note it is subject to your own personal tax status as to whether you qualify for a Personal Savings Allowance and how much allowance you are eligible for.
More about Krinvest
Krinvest Care Group's goal is to become a sector leader in the provision of integrated health and social care services in England and Wales. Their aim is to enable positive individual journeys for the elderly, young people and adults with complex needs.
More about Crowdstacker
Crowdstacker is an award-winning P2P investment provider and Innovative Finance ISA Manager. We aim to bring you a higher standard of heavily scrutinised, curated investments.
The next closing is the 28th February 2018, invest by then to start earning interest from the 7th March 2018.
The finer details
See our 6 great reasons to lend to Krinvest via the Crowdstacker P2P Platform.
How secure is my investment?
Your investment will be secured over assets, property and undertakings of Krinvest via a first ranking debenture. In addition, your Loan will be secured on each supported living property purchased by way of a first ranking legal charge.
Rate of interest
What interest rate can I receive?
An inflation beating interest rate
The rate of return on your 4-year investment is 6.75% per annum.
How often will I receive interest?
Paid four times a year
Interest from your P2P investment is paid directly into your Crowdstacker account or your bank account.
How long is the investment for?
4-year loan term
Your investment is for a 4-year term. On maturity, you are entitled to the return of the original Loan in full.
What is the market opportunity?
What is the market opportunity?
Mental health issues are on the increase with more people requiring treatment and support and the NHS is not able to provide all the treatment and services required in its own centres, therefore offering an opportunity for specialists such as Krinvest to do this.
Are there any added benefits?
ISA and PSA eligible
Your investment is eligible to be held in an Innovative Finance ISA (IFISA) or can qualify for your Personal Savings Allowance, of up to £1,000 interest tax-free, subject to tax status.
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