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Last update 12/6/2018 by KHJ

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PROSPER SYSTEMS' and ASSOCIATES’ CURRENT LENDING PREFERENCES

 

Current Preferences for the Lending organizations to which we consult:

 

  • Locality:  US, Canada, Americas

 

  • Industries:  High-Tech, Clean-Tech, Bio-Tech, Patented IT, Entertainment, Oil and Gas, Real Estate, Mining

 

  • Amount: us$500K - $100mm+

 

  • Types of Loans (Note, Line of Credit, SBLC, BG, Convertible Note,…):  all

 

  • Collateral Preferred (Signature, Cash Flow, Real Estate, Equipment, Equity,…):  all

 

  • Source (Individual, Private, Family Office, Bank, SBA-Qualified, …):  all

 

  • Loan basis (LTV, LTC, …):  LTV and LTC

 

  • Loan Basis (% - range):  60%-80%

 

  • Interest (%,per year - range):  6-15%

 

  • Term:  1-30 years

 

  • Initiation/Consulting Fees (% of loan paid - range - in advance or with draws):  0-3%, some payable as drawn

 

  • Total Loan Fees (% of loan - range):  1-5%

 

  • Stage of Development (Concept, Pre-Production, Production, Growing, Mature):  production through mature

 

  • Advice Availability from the Lender  (Low, Medium, High):  low

 

  • Required Documentation (Brief,* Exec Summary, Pitch Deck, Business Plan, Financials - type, age, #, Projections -type, Appraisal - age, …):  Brief, P&L, recent month Financials and less than 3-month Appraisal on collateral

 

  • Application Procedures (Intake Form, Phone Meeting, Video Meeting, Face-To-Face Meeting, ...):  Intake form and documentation, then phone meeting or if close, face-to-face meeting, then additional meetings

 

VERY IMPORTANT

 

Neither Prosper Systems, LLC (PS), nor its Founding Member, Kenton H Johnson, are licensed Real Estate Brokers, Securities Dealers, Mortgage Brokers or Investment Advisors.  However, PS consults to many Lending organizations, and:  has an Attorney on its Team, as well as works closely, engages and may have other licensed individuals or firms on its team in the near future.  PS makes no warranties or representations as to the quality of an opportunity, the integrity of the Buyer, Seller, Owner or associated Collaborators, or the value of a given transaction.  PS is acting only as Collaborator with Owners or their Collaborators.  All due diligence is ultimately the responsibility of Owners and their Collaborators.

 

~~~~~~~~~~~

Kenton Johnson <LendingPreferences@ProsperSystems.biz>, Founding Member

USA (302)Kenton-J - GoogleVoice:  302-536-8665; transcribed voice messages and text; forwards to mobile (Available 12p-8p USA Eastern Time)

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