Bond Overview:
Logbook Lending Ltd a privately held company, registered and operates in the United Kingdom. The company issues 2 types of bonds: the first, carries an ISIN number, while the other type does not. Each type includes various bonds that differ in terms of currency, maturity, and accrued interest. Essentially, investing in these bonds involves providing loans to the company. The capital raised from the bonds is aimed to short-term, high-interest loans to private clients across the UK.

Strategy:
Logbook Lending will provide loans to individual clients throughout the UK. These loans are offered to individuals who may have poor credit score in the banking system or are in an urgent need of capital. Each loan is secured by collateral provided to the company, usually personal assets such as private vehicles. However, the company is considering expanding the types of assets it accepts as collateral in the future. If a loan is not repaid, the company will repossess and sell the collateral. Loan repayments received from clients serve as a source for repaying the investors who hold these bonds.