Investors can be reassured that Angas Prime is playing its part in managing business effectively and responsibly in the midst of the continuing public health situation. Angas Prime offices in Perth and Adelaide remain open during normal business hours. The staff complement on site which has been reduced is progressively returning to pre COVID-19 levels. Staff will return to working 5 days a week in the office effective 21 December 2020 (subject to any further government directives). There has been no compromise in the efficacy of our system controls nor compliance arrangements. Investors can contact Angas Prime by phone or email in real time or by personal attendance at our offices subject to strict personal distancing and hygiene protocols being met.
Business continues for Angas Prime. Deal flow continues. Funds are being advanced and repaid. The business model of Angas Prime generally involves interest being prepaid by borrowers and held by Angas Prime to fund monthly investor distributions. Electronic settlement systems and banking transfers mean that the financial system has continued to operate safely and securely. Lawyers, conveyancers and valuers have remained in operation to service Angas Prime’s requirements.
Angas Prime has made the adjustments necessary to meet the needs of its investors to deliver investment performance. Please contact Angas Prime if you have any specific queries. Adding to your existing investment can be done on-line very simply through BPay in multiples of $1,000. Opportunities to grow the investment portfolio with solid new loan assets are being presented to Angas Prime. The Angas Prime team is motivated, resilient and will rise to the challenges presented.