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Requirements
(indicative;
final terms to be quoted according to the lender)
*
LTV: up to 65% of Market Value of assets
*
Interest: 12%-15%per year
*Payments:
interest only, monthly ; no prepayment penalty
*
Committment Points: up to 3 ( 50% at Committment,
50% at Closing ) to cover Due Diligence costs
*
Points in Lieu of Equity at Closing: up to
10
*
Timing: in as little as 2 weeks from
Committment
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