The multiplier program is one of our best inventions ever. It disrupts the traditional and conventional lending or ventures capitalist programs.
Our private lending program funds various industries, including Cannabis, Real Estate Development, Technology, Blockchain, with a wide array of business initiatives.
As long as you have a viable project, with 20%+ of your budget raised for your project you can qualify for a credit facility two times to six times (2x-6x) your deposit amount at the wholesale rates.
Here are the details:
- You must have secured 20%+ of the capital you need for your project.
- You will be required to deposit the 20%+ (a minimum of $10 million or higher) with a 3rd party fiduciary or your law firm or your investors' law firm account. The funds must remain unencumbered and un-depleted while the loan is being disbursed.
- 12 to 48-month term; Interest only with quarterly payments. Ability to fund the full interest reserve from the loan.
- Any business at any stage in any industry can qualify. Credit scores are not relevant.
Want to learn more? Read on.
- The capital that has been deposited from an investor or a business owner with a 3rd party fiduciary cannot be depleted nor pledged. It will be leveraged to get a line of credit that is 2x-6x more than the capital that has been deposited. This gives both the borrower and their investors the confidence necessary to enter this program.
- As a result, this program makes it possible for companies to achieve the right mix of debt and equity, and in today's climate, there is truly no better way to capitalize on a company.
Unique Structure
The multiplier program's has the ability to fund $7M to $3B with its wholesale interest rates; its flexible repayment options; its interest-only structure; coupled with the fact that it is non-recourse AND the borrower's may be able to keep their capital (serving as their 20% deposit) in a trusted 3rd party fiduciary’s bank account, puts this in a league all its own.
We Offer Incredible Terms
- Every loan starts with an initial 20% - 50% deposit. Note: the minimum deposit is $7M USD.
- The default term is 36 months (the longer term is possible).
- Interest-only.
- No personal or corporate guarantees.
- There is a General Security Agreement "GSA" on the project itself.
- Any business at any stage in any industry can qualify.
- Credit scores are not relevant.
- No prepayment penalties.
- Very flexible repayment options.
- Wholesale rates
Here's how it works:
- KYC (Know Your Client Form)
- A mutually signed Non-Disclosure Document so that your company information, Standby Letter of Credit/ Business needs are kept confidential.
- Provide Proof of Funds via RWA (Ready Willing Able) letter or provide a Bank Comfort Letter or an Attestation Letter through an Attorney or a copy of your instrument (SBLC, BG, etc.) to your own company and provide SBLC's ISIN Number for authentication purposes. You must have a minimum of $7 million.
- Articles of Incorporation of your current business so that we can see your business is real and in existence.
- Sign a standard AML document to ensure the funds' source is not connected to drug monies or terrorism.
- A business plan that our bank & financial partners can look at and approve you for the loan.
- Once these documents have been provided, we will provide a term sheet.
- Once the term sheet has been signed, we will assign a 3rd party fiduciary to the transaction.
- The instrument must be in the name of the 3rd party fiduciary. The fiduciary will shop the SBLC to multiple banks and identify which bank will give us the highest LTV (loan to value) and then have someone from the chosen back (example: HSBC) to connect to the borrower's bank to start the bank to bank transfer.
- Once the instrument has been received, we will leverage the SBLC and, in 7-60 banking days, will provide the capital required for funding your project.
If you would like to get started in this program, please download the documents below, fill them out and send them to us at getmealoan@lineofcredit.ai.
Within 48 hours of receiving your file, our team will reach out and schedule a call with you.