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:
Want to learn more? Read on.
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
Here's how it works:
The borrower needs a deposit of at least 20%-50% of the project budget in cash to trigger the loan. The minimum deposit is $7M. The lender will provide the other 50-80%. In other words, the credit facility is two to six times the deposit amount. This is a non-recourse loan with no personal or corporate guarantees. The loan is secured by the project the funds are being spent on. This is an interest-only structure with a 36-month term standard at the wholesale interest rates. The interest is paid quarterly and must be kept up to date, and an interest reserve can be built into the loan. The lender offers flexible repayment terms, including the option to convert to permanent financing with them at the end of the term.
There are no prepayment penalties. The lender takes a general security agreement (GSA) against the project being developed, whether a physical or IP asset and is typically done on the LLC applying for the loan. If there was a default on loan, the lender would foreclose on the 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
Once we have received your documents, we will get in touch with you.
Line of Credit.AI
170 The Donway West, Toronto, Ontario M3C 2E5, Canada