Thursday
Mar102011
Loan Terms and Protections
- Loan advance $100,000-$1,000,000
- Proceeds to typically finance organic growth
- Guarantee and interest in all appropriate personal assets of principals
- Short term maturity from 6-12 months with renewals
- Negative and affirmative covenants to minimize risk of capital loss
- Appropriate inter creditor agreements to establish priorities for repayments of collateral among lenders





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