The Car Sales Company (UK) Ltd www.jam-jar-car.com/
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Offer Information
1041
Min Max
Investment Target £100,000 £250,000
Interest Rate info 9.00% 9.00%
Type of Bond Secured crowdbond
Term info 540 Days
Type of Repayment Interest Only
Security Information The crowd bond will be secured by a Chattels Mortgage over defined vehicles within the rental portfolio. Furthermore a 'Personal Guarantee' has been given by the director as well.
LTV ratio 80%
Minimum Investment £100
Sector Other
Location Brightlingsea, United Kingdom
Company Number 09379766
IFISA EligibleYES - This Loan Note is
eligible for inclusion in the IFISA
The Car Sales Company (UK) Ltd
9% p.a., 18-month term. Interest paid every 90 days, Capital Repayment at term.

JamJar a trading name of “The Car Sales Company (UK) Ltd” (TCSC), operates nationwide within the long-term car rental marketplace. Why BUY when you can RENT? Customers don't worry about Road Tax, Maintenance or Depreciation of the Vehicle
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About The Car Sales Company (UK) Ltd
The Car Sales Company Offer

JamJar provides vehicles to customers who want a more flexible option other than purchasing a vehicle for cash or financing one over a 3-5 year period.

JamJar offers a solution to customers who need access to a vehicle for longer than the traditional 28-day rental which is offered by the mainstream Hire Companies.

An untapped marketplace within this sector is specifically marketing to customers who wish to purchase a vehicle on finance but are unable to due to a previous blemish on their credit record.  It's an excellent option for customers who do not wish to be locked into a long-term finance contract but want to change/upgrade their vehicle each year.

We believe JamJar's model is unique, acquiring vehicles at trade prices through auctions and other trade sources, renting the vehicle for up to a twelve-month period then selling the vehicle via JamJars Retail arm and so negating any bad debt write off at the end of the rental contract.  

Our experienced management team have a strong track record within the automotive sector.

In a very short space of time, we expect JamJar will establish itself as a major presence within the UK Car Rental market.

JamJar forecasts that it will have a rental fleet of 1082 vehicles on contract by the end of year one, 2688 by the end of year two and 4895 vehicles by the end of year three.  The management team's experience of other "car purchase/finance" businesses indicate that this rate of growth is conservative and balanced.

Security

All investments are secured by way of the Vehicles rented to customers by JamJar. The Loan To Value (LTV) is set at 80% of the "Stand In Value" (SIV) this is the purchase price of the vehicle (which is a trade price), auction, repair, warranty and GPS costs. The total SIV is less than the actual Retail Value of the vehicle. In addition, directors will be giving Personal Guarantees for any shortfall in recoveries.

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Why invest in UK businesses

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The Car Sales Company (UK) Ltd directors

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The Car Sales Company (UK) Ltd Documents

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Updates

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Why join Crowd for Angels?

arrowRegister in minutes

arrowNo fees for Investors

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arrowAccess your portfolio 24/7

Why invest in UK businesses

Discover investment opportunities, support companies you believe in and share their success Take advantage of SEIS/EIS tax relief to minimize your tax and the opportunity to obtain high-interest rates.


About Crowd for Angels

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Offer Information
1041
Min Max
Investment Target £100,000 £250,000
Interest Rate info 9.00% 9.00%
Type of Bond Secured crowdbond
Term info 540 Days
Type of Repayment Interest Only
Security Information The crowd bond will be secured by a Chattels Mortgage over defined vehicles within the rental portfolio. Furthermore a 'Personal Guarantee' has been given by the director as well.
LTV ratio 80%
Minimum Investment £100
Sector Other
Location Brightlingsea, United Kingdom
Company Number 09379766
IFISA EligibleYES - This Loan Note is
eligible for inclusion in the IFISA

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