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Projected net return: 11.34% per year
Term: 36 months
Target: £200,000
Min target: £150,000
Amount raised: £188,520
Stamchem Ltd (t/a AskChemist) is an NHS contracted online pharmacy based in Lincolnshire. The pharmacy supplies private and NHS prescription medicines to the local community. The NHS is deemed to be a strong blue-chip debtor.
Website: www.askchemist.co.uk
General Pharmaceutical Council Registration no. 9010290
Murabaha SPV 26 Ltd is a Special Purpose Vehicle (SPV) formed to provide finance to AskChemist in the form of a commodity murabaha agreement. The investors are issued B shares in the SPV that provides the onward financing to AskChemist. Additional details are in the attached Information Memorandum document. You should read all available information before deciding to invest.
The returns for each investor will depend upon the amount of capital contributed by that investor (i.e. on a pro-rata basis). Payments consisting of profit and principal instalments will be made each month on a pro-rata basis over the 36 month tenor as per the payment schedule defined in the attached Information Memorandum document. The forecast profit rate of 17% gross per annum is the aforementioned profit margin that represents the SPV's return.