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from LenderCriteria.ProsperSystems.biz Also
see FunderCriteria.ProsperSystems.biz Coordinated wtih our List of myriad FINANCE Options
Used in conjunction with consulting at Funding.ProsperSystems.biz Reload on each visit to ensure latest
version Last update 12/05/2020 by KHJ Download
easily-printable PDF version Latest stored at Lenders.ProsperSystems.biz PROSPER SYSTEMS' and ASSOCIATES CURRENT LENDING
PREFERENCES Current
Preferences for the Lending organizations to which we consult: Locality:
US, Canada, Americas Industries: Real Estate, its Technology, Clean-Tech, Patented IT, Oil and Gas, Mining, Bio-Tech Amount: us$500K - $100M+ 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%-90% (special arrangements to 100%) Interest (%, per
year - range): Fed Rate + 3% or more (currently 7% - 15%) (high-end based only on collateral, and usually short term) Term:
1-30 years (low-end if based only on assets) Initiation/Consulting Fees (% of loan
paid - if needed; in advance or with draws):
1-3%, minimum $2000 Origination Fees (% of loan
paid - at closing or with draws):
1-3% Total Loan Fees (% of loan - including specialized fees): 1-7% Stage of Development (Concept,
Pre-Production, Production, Growing, Mature):
Pre-Production through Mature Advice Availability from the Lender (Low,
Medium, High): Low (Medium from Prosper Systems) 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 or Lending Brokers, Securities Dealers or Investment Advisers. However, PS has an Attorney on its Team, as well as works closely, engages and will have other Licensed individuals or firms on its Team. PS makes no warranties or representations as to the quality of an opportunity, the integrity of the Buyer, Owner or associated Collaborators, or the value of a given transaction. PS is acting only as Collaborator with Buyers, Owners or their Collaborators. All due diligence is the responsibility of Buyers, Owners and their Collaborators. ~~~~~~~~~~~ Kenton
Johnson <LendingPreferences@ProsperSystems.biz>, Founding Member, Schedule a Call (with Video options) Copyright ©
2015-2023, Prosper Systems LLC, Denver CO USA. All rights reserved. Latest update, 11/27/2022, KHJ. |