2023 marks the 30th anniversary of Cherry Godfrey, as well as reaching a significant milestone of over £30 million of interest paid out to our local investors over the past decade, since we launched our first Loan Note in 2013.
There’s more great news, too: Loan Note 5 opened in February 2023, allowing more investors to take advantage of the attractive opportunities we’re proud to offer.
30 Years of Success
Since its inception 30 years ago, Cherry Godfrey has grown to encompass four branches – Guernsey, Jersey, the Isle of Wight, and the Isle of Man – and is now a well-rounded financial services company, offering unique Island finance and insurance products to the local community. At the heart our firm is commitment to customer service: no matter how much we grow, we will always maintain the traditional family values and dedication to our clients for which we are known.
For us, this goes hand-in-hand with continued growth and success: we now have over 940 investors, and an established value of £100 million for loan notes.
What is Loan Note 5?
Following the success of our previous loan notes, we’re thrilled to announce that Loan Note 5 is now open. The funds that are invested are utilised to establish a high-quality portfolio: this comprises a substantial number of small advances (meaning that we can extend thousands of loans to local businesses and families).
Registered in Guernsey, Loan Note 5 offers an attractive rate of interest (particularly when compared with high street banks) – up to 8%. This is fixed for the duration of the investor’s chosen Issue period: helping to minimise the risk of fluctuating markets. Furthermore – and finally – we’re offering even more choice, with 1-year, 3- year, 5-year and 10-year terms (£50,000 minimum investment), with capital still intact.
Investing in the Local Community
We’re not only dedicated to serving our customers, but also the local community – and that’s one of the great bonuses of our Loan Note Investment Product. The support from local investors helps us to support the local economy - as CEO and Founder David Cherry explained recently: “Our ethos has always focused on supporting the local communities in which we operate, and our loan note offerings are testament to that with investments made into our loan notes used to fund the loans which Cherry Godfrey make to thousands of customers on the island.” Indeed, in 2022 we achieved a 21% increase in our lending volume.
This focus on fuelling our local community will never change – in fact, it’s a cornerstone of our vision for the future. Cherry Godfrey’s firm intention is not only to continue to deliver excellent financial return for our investors, but also to provide competitive and valued island products, meaning that we can better support local communities by providing a real, credible alternative to other high-street lenders. We’re excited to see what the future brings, and hope you’ll join us on this journey.
To learn more about Cherry Godfrey’s outstanding investment opportunities (featuring more flexible terms, and high interest rates), please visit our website or get in touch. Our experienced team look forward to helping you!
