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01-10-2020, 10:44 AM #1
- Join Date
- May 2019
- Posts
- 8
$5M Bridge Financing, Anyone do deals like this?
Good day,
Anyone know of a Direct Funder-Private Investor/s for a deal like this? Thank you.
Summary:
*Need a $5M bridge loan (developmental funds), payback no less than 5 months, no more than 12 months
*$250K increments minimum ( not the full $5M up front)
*They have $126M in LOI's lined up for release once they complete final engineering reviews (expected at 5 months, but may extend depending on permits). The $5M+ cost of capital paid back immediately once funds are released.
*Have output purchase commitments up to 350% of capacity.
*Not interested in diluting their equity any further, which is why they are willing to pay the high factor rate.
*4th year start-up, finalizing engineering on this proprietary production facility. No income/bank statements, and looking for unsecured loan. I know this one is tough one.
Prospectus available with signed agreement/NDA.
Thanks again,
AldoLast edited by SmarterBusinessFunds; 01-10-2020 at 10:50 AM.
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