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Hello I am looking for a 1.5m loan for 60 days. That I will collateralize with real estate. I also have an financial guarantee in place through a third party institution.
As an incentive to do the deal, I will pay back $3m.
I have a bridge loan, first mortgage and construction financing lined up and committed, it’s an housing project that the loan is needed for.
The deal is very straight forward:
1. I am using my own collateral and over collateralizing the loan by more than 20 times
2. In a separate but related transaction,a third party financial institution will guarantee the investment
3.I have bridge lender in place that is lending against the collateral
4. The funds is to pay for that.
The property is in Bahamas and it's an asset based request.
Please let me know if you have any questions. I look forward to speaking to you.
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