WARRANTLESS LOANS FLYER
Providers of Smart
Money to Outstanding Businesses
Prudent Capital has obtained a new source of capital that is able to accommodate a warrantless mezzanine debt structure. For those qualifying businesses, we are pleased to now be able to offer a loan with the following terms:
1 - 3% origination fees
An 11-13% per annum current interest payment
A 6—8% per annum deferred interest payment at the maturity of the loan
Interest only for up to 2 years if desired and fully amortized over a 3 - 5 year period thereafter
Loan amounts between $2 and $8 million
To qualify for this loan, companies will be required to satisfy the following criteria:
Minimum of $5 million of annual revenue
History of consistent profitability
Ratio of free cash flow to Prudent Capital’s debt service of at least 3:1
Minimum of $2.5 million of tangible net worth