Wellesley Finance
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Founded in 2013, Wellesley & Co Limited operated a peer-to-peer lending platform connecting investors with borrowers seeking finance for property development and bridging loans. The company aimed to provide investors with fixed-rate returns by lending their capital to a portfolio of asset-backed borrowers. However, the firm and its related entities, Wellesley Finance Plc and Wellesley Secured Finance Plc, faced significant financial difficulties and subsequently entered administration in 2020. The company is no longer accepting new investments and is being managed by administrators from FRP Advisory Trading Limited.
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