BRIDGE LOAN TERM SHEET
 

Rate of return
  • 32.3% -- Annualized six month rate of return
  • 23.7% -- 12 month rate of return

    • Loan structure
  • Loan amount: $325,000
    		•
  • Bonus points paid at end: $25,000
    		•
  • Principal amount to be repaid: $350,000
    		•
  • Annual interest rate: 15%

    • Use of proceeds

    Working capital

    Security
  • Public company, senior debt, floating charge
  • Secured by additional liquid collateral

    • Escrow
  • Proforma financial statements available
    		•