Cherry Godfrey, an established independent financial services specialist based in Guernsey, is celebrating 30 years in business, as well as reaching a significant milestone of over £30 million of interest paid out to its local investors over the past decade.
Cherry Godfrey offers unique Island finance and insurance products to the local community, and despite its growth, continues to provide great service with old fashioned values remains at the forefront, providing their customers with an environment where they are treated with consideration and fairness – it’s been at core of their culture from the very start.
Through its loan note investment product, the support from local investors has enabled Cherry Godfrey to fuel local retail and the local economy. The funds invested are used to establish a high-quality portfolio, consisting of a large number of small advances, extending thousands of modest loans to local families and businesses.
CEO David Cherry explained:
“Our ethos has always focused on supporting the local communities in which we operate, and our loan note offerings are testament to that with investments made into our loan notes used to fund the loans which Cherry Godfrey make to thousands of customers on the island.”
Loan note 5, which is registered in Guernsey, provides an extremely high rate of interest compared to high street banks of up to 8%, which is fixed for the duration of the investor’s chosen Issue period, helping to minimise the risk of fluctuating markets, which is becoming increasing attractive for investors.
David Cherry Continues “We are very proud of what we have achieved over the last 30 years, and thanks goes out to our valued investors, extremely professional and passionate staff, and loyal customers. As we look to the future, the focus is very much on continuing to provide competitive and valued island products and serving the local communities providing a real alternative to other high street lenders, as well delivering excellent financial return for our investors.”
To find out more about Cherry Godfrey, head to: www.cherrygodfrey.com