Frequent Questions

We have gathered together the answers to some of the most common questions we get about our loan fund. If you have a question which hasn’t been answered below, then please contact us on

Q. What is the minimum loan amount?
The minimum loan is £1,000.

Q. How much interest do you pay?
In January we are offering 20% interest for loans made over three years

Q. How often are payments made?
Payments are made monthly, three months in arrears

Q. How much have you borrowed with the loan fund so far?
We have borrowed a total of £46,100 before interest and will repay a total of £56,570 with interest.

Q. How many people have you borrowed from?
27 people have loaned money through the Loan Fund.

Q. How much do you currently owe people that have loaned money through the fund?
As of 3rd January 2017 the total amount outstanding, with interest is £41,270.31.

Q. What is your monthly income?
Matthews Yard currently generates £11,200 per month in revenue.

Q. What are your fixed monthly outgoings, excluding loan fund payments?
Our outgoings without loan fund repayments are £8,200 per month

Q. How much are monthly loan fund repayments?
Loan fund repayments are currently £1,600 per month.

Q. How much surplus is left after all outgoings, loan fund payments and other debt repayments?
Our current surplus after outgoing is £1,400 per month

Q. How much more are you borrowing?
Based on current income our borrowing in the first half of 2017 has been capped at £50,000. 40% of this will be used for restructuring existing debt and the remainder will be used to fund our expansion of the business and increasing revenues.   

Q. Can you afford to borrow so much?
With 40% of funds raised going to restructure existing debt, we will only be adding an additional £833.33 per month in debt repayments, an amount easily covered from our monthly surplus. By the time we reach our target, more revenue will be in place as The Exchange Workspace premises comes under our control.

Q. What are the risks?
By lending money to Matthews Yard you are making an unsecured loan to a limited liability company. There is a risk that you could lose some or all of your money if the business does not perform as expected. You should seek the advice of an independent advisor.

Q. What are the guarantees?
We are not in a position to offer guarantees on the loans but you should be reassured that we will have been trading for 5 years this April. We have a strong track record for resilience and finding creative solutions to overcome the challenges laid before us. Our team is confident that your loan funding will help us grow the business in a sustainable way over the next 12 months, ensuring more revenue and security to help ensure the loan fund is paid on time. Even without increasing revenues, the amount we aim to borrow, will not exceed the amount we can afford to repay.  

Q. Are you registered with the Financial Conduct Authority (FCA)?
This question was considered before launching our loan fund, but after additional questions surfaced from prospective lender we sought clarification from the FCA.

Becuase we are borrowing funds, rather than lending money our activity does not fall within the remit of the Financial Conduct Authority and there is no requirement to register with them. Our principle activities are not in the financial markets and we are not offering equity investment to the general public.