LVIC Member Deal: Secured Funding Project

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Invested: $250,000 thousand

Year 2015.

The club members loaned money to a private company secured against all assets of the company including its accounts receivables (which exceeded $2 million). We also received a personal guarantee from the owner of the company and a lien on the owner’s personal residence. This loan is secured at a 12 to 1 ratio for collateral.

LVIC Club members who invested receive 12% APR paid monthly.

THIS DEAL IS ONGOING WITH ALL PAYMENTS MADE.