Allow us to put up our capital OR become your bank!

Rent a Rich Uncle is a program for clients that have a financial institution interested in lending them capital in two (2) conditions.

A) Line of Credit.Ai/Financial Partners puts their capital to purchase courtesy deposits (CDs) and the courtesy deposits (CDs) are not held as collateral and  

B) For our client to get the access to the capital they are looking to get.

How it Works:

Step 1: The client must have identified a financial institution (Bank, Hedge Fund, Private Equity firm, etc.) that is ready, willing, and able to lend money to the client and for their project on the condition that:

Step 2: Line of Credit.Ai will purchase a significant amount of Courtesy from the bank and

Step 3: The capital put up by LineofCredit.Ai nor its courtesy deposits is held as collateral.

Step 4: LineofCredit.Ai will verify with the bank if all conditions have been met (the capital we put up to purchase courtesy deposits is not held as collateral) as well as the client getting the funding they require.

Step 5: Once verified, LineofCredit.Ai will purchase courtesy deposits from the financial institution and help the client to get the funding they require. 

Step 6: The client needs to ensure they have LineofCredit.Ai's fees secured with a law firm before LineofCredit.Ai deposits its capital with the bank.

Step 7: The client needs to ensure they have LineofCreedit.Ai's fees secured with a law firm before LineofCredit.A i deposits its capital with the bank.to Lineofcredit.Ai as well as any intermediaries. 

On case by case basis, LineofCredit.Ai can help clients identify a financial institution (bank, hedge fund, private equity firm, etc.). 

All financial institutions must be FDIC insured.

This program allows us to deploy capital into most recognized banks in the world.

Requirements:

The client must have: (1) a solid business plan, (2) completed 'Know Your Client' form, (3) a detailed business plan, and (4) identified the bank that will leverage our courtesy deposits to provide a loan/line of credit to the client.  

Fees:

Our fees are a one (1) time 7% (seven percent) on the total Courtesy Deposits purchased. 

3 easy steps to start your Rent-a-Rich Uncle Program:

 Step 1: Get started by downloading the required paperwork.

Step 2: Submit your required paperwork via our secured email address here.

Step 3: Book face to face with a member of our team to identify the next steps and to get started

Please note: LineofCredit.Ai is not a registered dealer/broker. We provide our capital to a local FDIC insured bank that will underwrite your loan.

Rent a Rich Banker is for clients who are not "bank ready" and require capital that a traditional bank wouldn't loan out. In this program, clients are required to have a minimum of 10% of the capital they need for their project, and work with our list of registered dealer/brokers to inject the remaining 90%. 

How it Works:

Step 1: The client decides how much capital they want for their project. 

Step 2: After a consultation with one of our registered dealer brokers, the client decides if they want to use the registered dealer/broker as a "bank". 

Step 3: The client then deposits a minimum of 10% of the capital they need for a specific project with a 3rd party law firm.

Step 4: The registered dealer broker (acting as the client's bank) leverages the deposit made by the client by taking out a credit facility with its financial partners and provides a loan back to the client within 120 banking days or less. 

Requirements:

The client must have: (1) a solid business plan, (2) completed 'Know Your Client' form, (3) a detailed business plan, and (4) 10% of the capital they need in liquid cash for their project needs.    

Note that banking instruments can replace the need for 10% in liquid capital. 

Fees:

Varies depending on the transaction. 

3 easy steps to start your Rent-a-Rich Banker Program:

Step 1: Download the required paperwork via filling out our form

Step 2: Submit your completed paperwork (KYC, Business Plan, Mutual NDA NCA, etc.) via sending your information through this secure link

Step 3: Book a follow-up call to inquire about next steps, ask FAQs, etc. and to get started 

Please note: LineofCredit.Ai is not a registered dealer/broker. We provide our capital to a registered dealer broker who works with us.