On 19 February 2021, the Financial Conduct Authority (FCA) immediately placed restrictions on Raedex Consortium Limited, the parent company of Buy2LetCars Limited. Raedex is not permitted to enter into any new vehicle lease agreements until such time as the FCA removes this restriction. As a result of these restrictions, Buy2LetCars Limited is not currently accepting any new investment. Raedex understands the importance of its regulatory obligations and will continue to be open and cooperative with the FCA in attempting to resolve these issues. We are currently discussing our accounts with the FCA and are confident that these discussions will result in a positive conclusion. These discussions do not affect any investments that are in place.
Although we can see some light at the end of the tunnel, I am writing this blog as we find ourselves amongst a global pandemic. There are not many investment opportunities out there that can thrive during an economic downturn and still deliver up to 26% ROI, fact.
Now entering our 9th year of trading and maintaining our 100% repayment record, we stand proud of what we have achieved since inception in 2012. If you are an investor, you will already know that we have been servicing the public sector helping key and essential workers with their transportation problems. During these unprecedented times, the investment you make and the vehicle/s you fund with Buy2Let Cars have played a crucial part of keeping our heroes mobile and helping them get to and from work. It’s is these people that we are continuing to help no matter what the circumstances are in the UK.
The way the business is structured and how our proven investment model works gives us but more importantly, you the investor all the confidence and peace of mind you need knowing our investment opportunity is recession proof.
Why do we serve the public sector?
Since 2012, serving the public sector has been one key factor to our successes. Over the last 4 months, we have seen a 60% increase in applications through our car leasing arm Wheels4Sure. We are also pleased to inform you that we haven’t received a single payment holiday request from any of our lessees due to the fact they are all still working full time on full pay and haven’t been furloughed.
Please have look at this short clip from Shaun, one of our Wheels4Sure customers. You can clearly see here, as an investor, you are not just making a fantastic return between 7-11% IRR, you are helping a member of the public services lease a brand new car.
I strongly believe that there is no greater time to get your money working harder while we recover from this current crisis.
T.Darlington, Funding Consultant.
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