On January 15, 2024, Aviation and Tech Capital Ltd, trading as Ablrate (Ablrate), a regulated Peer-to-Peer (P2P) entity, officially entered into administration. The administration process is being overseen by joint administrators Sean Bucknall, Brian Burke, and Andrew Hosking, all representing Quantuma Advisory Limited.

Ablrate, known for operating a Peer-to-Peer lending platform, played a role in facilitating crowdfunded loans directed towards supporting small and medium-sized enterprises (SMEs).

Facing insolvency, the directors of Ablrate made the decision to seek an administration order from the Court, leading to the appointment of the aforementioned joint administrators.

With the company now in administration, the joint administrators are tasked with managing the affairs of the firm and are obligated to act in the best interests of its creditors.

In the coming days, the administrators will reach out to all customers affected by these developments. Individuals seeking more detailed information about the administration process are encouraged to utilize the provided contact details.

This information aims to provide a contextual overview of the situation without relying on a direct copy-paste of the original article.
For more information about the administration please use the following contact details:

https://ablrate.co.uk/
Email address: ablrate@quantuma.com
Post address: Quantuma Advisory Limited, 20 St Andrew Street, London EC4A 3AG