My company is seeking a private loan to fund an M&A investment. The loan information attached is up to $5MM and ultimately seeking $25MM, for the total project, for those of you interested.
The promissory note has been drafted by an NC attorney, though I am glad to work with your attorney as well. Attached is an example loan with options of $1MM to $5MM, and 5 & 6 year plans with each amount.
Additionally, we are open to negotiating the terms.
britt.morton@moosecreekinvestments.com
Loan Amount $1,000,000
Option A (5years) – Monthly Interest Only Payment of $3,000 with a 110% return of capital as balloon payment. Total return – $1,280,000
Option B (6 years) – Monthly Interest Only Payment of $3,000 with a 110% return of capital as balloon payment. Total return – $1,316,000
Loan Amount $2,000,000
Option A (5years) – Monthly Interest Only Payment of $6,000 with a 120% return of capital as balloon payment. Total return – $2,760,000
Option B (6 years) – Monthly Interest Only Payment of $6,000 with a 120% return of capital as balloon payment. Total return – $2,832,000
Loan Amount $3,000,000
Option A (5years) – Monthly Interest Only Payment of $9,000 with a 130% return of capital as balloon payment. Total return – $4,440,000
Option B (6 years) – Monthly Interest Only Payment of $9,000 with a 130% return of capital as balloon payment. Total return – $4,548,000
Loan Amount $4,000,000
Option A (5years) – Monthly Interest Only Payment of $12,000 with a 140% return of capital as balloon payment. Total return – $6,320,000
Option B (6 years) – Monthly Interest Only Payment of $12,000 with a 140% return of capital as balloon payment. Total return – $6,464,000
Loan Amount $5,000,000
Option A (5years) – Monthly Interest Only Payment of $5,000 with a 150% return of capital as balloon payment. Total return – $8,400,000
Option B (6 years) – Monthly Interest Only Payment of $6,000 with a 150% return of capital as balloon payment. Total return – $8,580,000