Cubefunder No2 - issue 2

Term

2 Year Bond

Projected return

6% p.a.
  • IFISA Eligible
  • £500 Min investment
  • Interest Paid Monthly

Welcome to the Cubefunder 2 Year 6% Bond

We are excited to be bringing to the market our 2 Year Fixed Interest Bond, an opportunity to earn up to 6% pa over 2 years.

Cubefunder (No 1) Ltd is the issuer of the bond and will be carrying on the business of lending to businesses. Cubefunder is also the trading name of Tallaght Financial Ltd. Tallaght is authorised and regulated by the Financial Conduct Authority under Firm Reference Number (FRN) 786297. We are fully UK based, in the historic town of Windsor, directly on the banks of the River Thames. Our Company has identified a significant gap in the small business lending marketplace and is seeking to build further on its successful experience in this industry.



The group was first incorporated 4 years ago and after a test period and a significant investment in proprietary IT systems, started lending commercially in 2017. To accommodate our growth targets, we have in place the infrastructure, human resources, systems, and business relationships to implement our strategy.

Repayment Example

Cubefunder 2 Year 6% Bond Not held in IFISA Held in IFISA
Higher rate tax payer Basic rate tax payer Basic rate tax payer
Investment amount £10,000 £10,000 £10,000
Interest rate 6% p.a. 6% p.a. 6% p.a.
Tax rate payable on interest 40% 20% N/A
Gross interest earned £600 £600 £600
Tax payable £240 £130 £0
Net interest earned £360 £480 £600
Total capital and interest received by the end of term £10,720 £10,960 £11,200

Sources: Investors should note that payments of interest are made after deduction of income tax at the basic rate (currently 20%), unless the bond is held in an IFISA. You should note that your capital is at risk and returns are not guaranteed.