Bigger Plan Loanstock

If you would like to find out about investing in our Bigger Plan then register your interest below. Once we have our loanstock offer ready we will get back in touch to let you know how to sign up formally and make your investment.

At this stage you are not committing to anything .

Register your interest

What’s a loanstock?

Locavore Loanstock – How Does it Work? 

Please find below answers to what we think will be the most commonly asked  questions about our loanstock bonds. This is a good introduction where we hope to  make everything as clear as possible, but we will send more information after you have registered your interest.

Who do we want to invest in us? 

We want to attract people and organisations to invest who share a common interest  in building a more sustainable local food system which puts society first. This might  include individuals with a little bit spare in their savings or larger food businesses  who share our vision and have free reserves that could be invested in us.  

How much can I invest? 

We are looking for investment of any amount from £250 upwards.

Does investing in Locavore mean I part own it? 

No. This is a debt investment so you would be lending us money which we would be due to pay you back with interest. It is not an equity investment and you will have no voting rights. The investment is also not transferable so you can’t sell it on or  give it to anyone else. 

What rate of return can I expect to get? 

We are allowing investors to choose the rate of interest they would like from 0-4%.  

We’re hoping investors will choose a lower rate than the maximum in order to  reduce our costs and help us further. People should consider investing in us as a way of making their money have a positive impact and to achieve a common interest. If you’re looking for a financial investment with a high return then this is probably not your best option. 

That said, savings accounts currently offer very low returns with the best personal  ISA currently offering around 1%. 

How long do I need to invest for? 

We are letting people choose the length of their investment from 3 to 20 years.

Can I get my money back quicker if I need it? 

Possibly. In the case that you would like your initial sum back before the end of the  loanstock bond period we will assist in this, if we are in a financial position to do so.  Please don’t enter the agreement if you think it’s likely you will need to do this. 

Could I lose my investment? 

Yes.  

This is an unsecured investment meaning your investment has no security and  could be lost in its entirety if Locavore goes out of business. We don’t plan on that  happening but it’s common for businesses to fail so you should think really carefully before investing and not invest more than you can afford to lose. You might want to  get advice from an independent financial advisor. 

When will you pay me my interest and when will I get my initial sum back?

We will pay your interest annually with the first payment 12 months after funds  have been transferred. You will receive your lump sum back at the end of the  agreement.

Can you give me an example of the return I would get? 

Yes. Here are a few examples:

Example 1: Based on investing £1000 at 3% over 4 years. 
First interest payment (after 12 months): £30 
Second interest payment (after 24 months): £30 
Third interest payment (after 36 months): £30 
Fourth interest payment (after 48 months): £30 
Initial sum returned after 48 months: £1000 

You would make £120 over the four years.
Example 2: Based on investing £250 at 4% over 3 years. 
First interest payment (after 12 months): £10
Second interest payment (after 24 months): £10
Third interest payment (after 36 months): £10
Initial sum returned after 36 months: £250

You would make £30 over the three years.
Example 3: Based on investing £20,000 at 3% over 5 years. 
First interest payment (after 12 months): £600 
Second interest payment (after 24 months): £600 
Third interest payment (after 36 months): £600 
Fourth interest payment (after 48 months): £600 
Fifth interest payment (after 60 months): £600 
Initial sum returned after 60 months: £20,000 

You would make £3,000 over the five years.
Example 4: Based on investing £5,000 at 2% over 3 years and Locavore going  bust after 18 months. 
First interest payment (after 12 months): £100
Second interest payment not paid due to company folding. 
Initial sum not returned due to company folding. 

You would lose £4,900 from your investment.

How do I make an offer to invest? 

Fill out the form below!

How will Locavore choose which investment offers to accept?

In the event that we have a greater value of investment offers than we need, we will  choose the offers which are best value for us. That means the ones with the lowest  interest rates which are over longer periods of time.

Loanstock Expression of Interest