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Tim KeithTim Keith Oct 1 1 min read
Tim Keith

October 2021 Monthly Report

High Yields, Well Secured 
 
Capspace continues to deliver strong sustainable returns to Investors. Our loan book and balance sheet are growing strongly on the back of investor demand for higher yields and SME borrower appetite for financial support and advice.

Our loan portfolio remains in good shape. Capspace has maintained its clean balance sheet since the inception of the Fund with all loans operating within agreed terms. The current Loan to Value Ratio (LVR) for the entire portfolio is 57%.

The Reserve Bank of Australia (RBA) official cash rate remains at the record low of 0.10% for the foreseeable future. By supporting SME businesses, Capspace at an 8% per annum yield, continues to pay over 20 times the interest rate of current major bank 12-month term deposits, with the interest paid monthly into your account.
 
 
 
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Capspace Client Event

Capspace is holding a client event on 2 December 2021 to thank our clients and discuss the outlook for 2022. With your support, we've been exceptionally proud to back Australian business owners through challenging times.  We look forward to sharing some time to celebrate those successes together.

 

Please save the date and we'll be in touch with full details.

 
 
 
 
 
 
 
 
 
 
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