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Grey market finance

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  • 28-01-2015 11:05pm
    #1
    Flint skirmish
    Registered Users Posts: 3 ✭


    Does anybody have experience in obtaining grey market finance, what interest rate is being charged? I am trying to raise €1m. Thanks


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    #2
    delahuntv
    Closed Accounts Posts: 1,532 ✭✭✭delahuntv


    eh, if you are looking to raise €1m and you think asking on a forum like this is the best way forward, I think you may need to totally rethink your plan.


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    #3
    pedronomix
    Closed Accounts Posts: 997 ✭✭✭pedronomix


    can you define what you mean by " grey market finance"? I understand it to mean typically pre-IPO share trading but not the issue of new securities/shares.


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    #4
    pedroeibar1
    Closed Accounts Posts: 5,108 ✭✭✭pedroeibar1


    I agree that it refers to unlisted shares but I think OP refers to "third tier" lenders - so the rate could be from 10% up to the legal moneylending limit, whatever that might be! There are a few factoring operators that are just one up from payday loan providers.


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    #5
    pedronomix
    Closed Accounts Posts: 997 ✭✭✭pedronomix


    pedroeibar1 wrote: »
    I agree that it refers to unlisted shares but I think OP refers to "third tier" lenders - so the rate could be from 10% up to the legal moneylending limit, whatever that might be! There are a few factoring operators that are just one up from payday loan providers.


    I doubt it is turd tier lending but rather a "picked up" buzz word being used inadvertently!!!!b


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