Flexible loan term ranging from 1-5 years
Loans may be repaid at any time without penalty.
USE OF PROCEEDS:
Loans are made for business purposes only.
LOAN TO VALUE:
Loan amounts can be up to 50-75% of the market value of the collateral, based on the estimated cash sale price given a 90-120 day marketing time. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages.
Rates vary from 12-15% per annum, interest only, depending upon collateral and loan structure. Internationally, rates vary from 12-18%, depending on country.
In lieu of equity participation, a fee to be agreed upon may be included in the loan.
From $1 Million to $50 Million nationally. Must be at least $3 Million
for international loans.
Real estate and other fixed or liquid assets.