Client needs $12,500 for Due Diligence Fee
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  1. #1
    Quote Originally Posted by brandondresslerpfg View Post
    The client is approved for a 30 million dollar loan as their first traunch. They are using equity to get the funding. The clients credit is tapped from all the raising he has done and the investments we've raised is just shy of the $12,500. No assets oh value at this time. The term sheet goes over the equity portion and the DD is there to show skin in the game. They originally didn't ask for this before hand but they also got burned as well in the past because they would be out the money and DD came back as a no go. So they do this to protect themselves. Know of anyone that is wanting to make an investment of that much? My client will pay back double the amount.
    is this lender under the legal drinking age and based out of brooklyn?
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

  2. #2
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
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    Quote Originally Posted by FLORIDAMAN View Post
    is this lender under the legal drinking age and based out of brooklyn?
    LMAO

    posts like this are making daily funder great again

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