Principal’s experience (must have reasonable and proven experience). Principal’s equity in the project (already invested, including real estate owned). How much money is available to invest towards the total cost of the deal? Is additional collateral available (provide description/value)? Amount requested. Exit strategy (must have a clear and specific exit strategy). Example: if a developer was proposing to build a residential home development, his exit strategy better be more specific than just listing the homes on the MLS.
Nov 20, 2014
Hard Money Financing, Financing A Business Acquisition, Financing A Business Purchase