Posted by Triple Dragon Funding has launched a new product on the platform called TD Bonds. These are direct debt securities issued by the UK-based parent company Triple Dragon Limited, offering 14% interest plus 1% or 2% cashback depending on the term (2 or 3 years).
An important point for context: According to the platform, the TD Bonds are unsecured liabilities of the parent company. The buyback obligation is backed by another group company, TD Funding 2025 Limited, while the early repayment of the bonds remains at the sole discretion of Triple Dragon. The initial volume is capped at €5 million.
At the same time, Triple Dragon announced that the interest rate on secured loans will be reduced from 14% to 13.5% effective August 14. Since the TD Bonds are unsecured group debt, a risk premium of just 0.5% therefore appears extremely low. The 1–2% cashback may look attractive, but it is a one-off payment rather than a permanent yield advantage.