Homework Help is Here – Start Your Trial Now!
Business
Finance
Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!

Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 19E
See similar textbooks
icon
Related questions
Question

Which loan you would recommend llyods to take forward and why? Please read the email before you give answer to the question.

Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!
Transcribed Image Text:Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

SEE SOLUTION
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
Finance
ISBN:
9781285595047
Author:
Weil
Publisher:
Cengage
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
SEE MORE TEXTBOOKS