Savvy Savers Beating Investors To Massive 10% Per Annum Returns
Birmingham, UK, May 5th 2009:
Caspian Business Solutions based in Birmingham, who specialise in Business and Personal Financial and Banking Services have reported an interesting new trend in a recent capital raising exercise.
Caspian Business Solutions, who also offer Pay Day Loans, looked to raise £500,000 from private equity investors in return for a fixed rate return of 10% per annum. However Managing Director Chris Laing reported that instead of the usual influx of Business Investors jumping on board, more savvy savers spotted the opportunity published on their website www.caspianbusinesssolutions.co.uk and snapped up the healthy 10% return offerings.
Mr Laing said that “Generally in a Bull Run savers invest in bank products and shares, however with the downturn and banks offering meagre interest of just a few percent at best, savers are looking for better options, especially the many elderly people who have saved responsibly all their lives and are reliant on their savings interest to maintain an acceptable standard of living in retirement.
We saw 63% of out investment come from Savers with the remaining coming from our usual Business Investors. In fact our usual investors were left somewhat disappointed due to savers acting a lot quicker and beating them to the finishing line and we ourselves were astonished at the interest our offer generated and that such a high percent went to savers instead of the usual investors, something i’ve never experienced before in this or any other business”
Chris Laing went on to say that The Bank of England has "ploughed on with its blinkered rate cutting crusade without a thought for beleaguered savers, and that now savers were having to think a little harder on how to make money from their hard earned savings”.
With Caspian Business Solutions poised to release a further request for phase two of its capital raising exercise Caspian Business Solutions is bracing itself for another charge by savvy savers.
Mr Laing said “Investing in growing companies is now seen as an exciting viable option to the poor banking products currently on offer, especially companies who offer quarterly returns”
Phase 2 of the Capital Raising Request is being launched Monday 11th May. Investors wishing to take part in this offer should visit CaspianBusinessSolutions.co.uk
- Contact Information
- Chris Laing
- Managing Director
- Caspian Business Solutions
- Contact via E-mail
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