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loanLoan
Capital at risk
24
Months
18.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

JT Networks is a leading UK provider of equipment and personnel for railway surveying and track monitoring. Their primary focus is on targets for track monitoring, which is a key component of rail safety. They have an ISO 9001 certification as well as being RISQS certified. Their founder, James, has 25 years of experience in the permanent railway industry, and the business has been in operation for over a decade.

Spearheading innovation in the railway and surveying sectors.

I founded JT Networks originally in 2003, after several years in the permanent railway industry. My experience led me to understand the need for innovation and growth, as railway monitoring and surveying can be a time-consuming, disruptive, and expensive affair. This is challenging, given that it is paramount in order to ensure the continued safety of rail travel. Hence, JT Networks was born. Since then we have learned and grown, and now we are involved in several notable projects including the Pennine Signals Upgrade Project and the Great Western Electrification Project.

JT Networks’ main goal is to spearhead innovation in the railway and surveying sectors by offering products that amalgamate quality, reliability, and cost-effectiveness. Our intent is to fulfil and exceed customer expectations with excellence. With a new implementation of electrification in the UK, the High Speed rail projects, expansion and modernisation of the rail network in Britain, we have a lot to offer. These contracts provide stable business for JT Networks, and our continued business with Network Rail is a clear indicator of our reliability. We also maintain a network of over 8,000 contacts on LinkedIn in order to facilitate further collaborations and business opportunities. JT Networks understands the importance of people in business, and is committed to customer and collaborator satisfaction.

Our products are robust and flexible, and our flagship the Hawkstar 180 is popular amongst our clients and even works in the rain! We enjoy both an ISO 9001 certification as well as a certification from RISQS. We are well established and regarded in the industry, being one of the UK’s top suppliers of equipment and personnel for track monitoring and surveying. Many rail maintenance processes require track monitoring and surveying, and we are proud to provide the best.

Credit commentary:
The director James Read is providing a personal guarantee, which means should the business fail, and there are insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. The director has a moderate financial profile, and the company holds an Equifax Report of E. Since we are offering the company a short-term loan and considering their maximum amount of repayment affordability the credit assessment states a high-level risk. The mitigants for this decision are consistent and positive cash flow and the director has sufficient equity to cover the loan in case of default. The director can be traced for several years with no issues.

Inflation Risk:
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 71k
Raised
£ 11k
Investors
74
Est close date
Funded 5 months ago in 29 days

Where will the funds go?

Debt Consolidation
£70,653

Key people

James Raymond Read
Director

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Business brand

Cheddar, UK

"Spearheading innovation in the railway and surveying sectors."

Incorporated
12 years, 0 months
Credit risk indicator

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.