Edstart Senior Secured Loan Series 1

Edstart's ambition is to help families pay for private secondary education by providing a simple financing solution. They target high credit quality customers with children already attending non-government schools. iPartners Edstart Series 1 Units give investors exposure to a secured loan to the Edstart funding company. Edstart will use the funds from this vehicle to offer their line of credit product to families.

Strategy

7.85% p.a.

Asset Class

Fixed Income

Maturity

5 year (Callable yr 2)

Interest

7.00% p.a.

Investment Type

Secured Loan

Subordination

35%