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Updated over 7 years ago on . Most recent reply

User Stats

6
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0
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Joel Casillas
  • Lender
  • Raleigh, NC
0
Votes |
6
Posts

Can anyone do this with these terms?

Joel Casillas
  • Lender
  • Raleigh, NC
Posted

Can anyone do this with these terms?

The terms on the loan:

Investment: $150k

Term: 6 months

Interest: 20%

Prepayment: Minimum of 6 months interest (e.g. if prepaid after 2 months, receive additional 4 months interest)

The investor will receive $3 for each patient billed monthly by the Telehealth department for the next 10 years (after the $150k is paid back to the investor in the first 6 months). We see anywhere from 1,000 to 1,500 patients a month.

The investor will go on the company insurance policy, if the Medical Practice looses income for any reason the investor can make a claim to the insurance company after 24 hours, the investment is guaranteed.

No brokers direct investor only.

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