Trademark Investment Group LLC
!!!!!!! Luxury Lenders, Based on Assets, 14 Day Funding, @ 70% LTV, No Limits!!!!
Please let me explain our theory, Let’s say you go to your local pawn shop and need a loan on your laptop computer. The first thing they are going to do is to establish a value of the computer. Once they come to terms with a value based on the facts, your local pawn shop will make an offer. Some pawn shop owners want to know what your exit strategy is to pay back the loan and repurchase your computer. So basically some people may need the money to pay their rent, their car payment or their mortgage. Now you realize you just need the funds for 30days because you are expecting an overtime check within 30days. Once you get your paycheck you will return to the pawn shop and pay the loan back plus interest.
If you follow this scenario this is exactly what we do, We will do a purchase lease back with the repurchase agreement. The main difference here is we only deal with Luxury Item or High Net worth Items 5M and up. They will consider lower amount on a case by case bases. These are some of the High End Item they will entertain:
1. Aircrafts, Boats, Fine Art, Commercial Income producing property, Residential, Motor Coaches, Collectibles, Luxury Cars, Business, Jewelry (Only Cut and Polished), Heavy Equipment, Farm Equipment, Dumpsters, diamonds, gold, (Only cut and polished) basically anything with value. The key factor is you have own the items fee and clear and you have to have a solid exit strategy to pay back the loan.
2. Examples of exit strategies: You own heavy equipment and if you received a loan against the equipment you can go purchase additional equipment to fulfilled additional contacts you have in motion. So in this example you would use the proof of the contacts as your exit strategy.
3. Another Example of exit strategies: You own an Income producing commercial store and you want to sell it out right. You already have an exit buyer in place, which has a formal commitment from the bank to buy the store but it will not fund for 45days. Now you came across another business you want to purchase but you need cash fast to protect the new opportunity on the table.
4. Bad Exit Strategies: Private Placement Programs, Managed MTN Buy and Sell Programs, Forex Trading, Stock Market Trading. We only want to deal with tangible exit strategies.
5. They "Will Not" fund diamond mines, gold mines, MTN, BG, SBLC, Leased Instruments, PPP, Show money, P.O.F or anything that is not tangible.
We have a Lender who will loan Up to 70% LTV on almost any Luxury Item over 5M.
They will only deal with Luxury Items over 5M -Five Million. (Some exception under 5M)
They charge 6points at closing.
They also charge 6% interest per month. No time-frame limits
You can borrow the money as long as you need it.
Remember this is just meant for Short Term Usage.
Keep in mind no exit strategy no deal
The Client have to "Own the Luxury Items" out right. The Client has to have clear title or ownership of the Luxury Item. The Client needs to show proof of ownership by way of Safe Keeping Receipt (SKR), Appraisal, etc.
This is the perfect scenario for Luxury Item flipping if you have an exit buyer, you can locate a deal and have a contract with an exit buyer in place.
The lender can fund in as little as 14days or less in special cases.
Please if you are interested please send over a full package and we will have and answer in about 5days.
We will not accept incomplete packages.
A complete package is:
1. Executive summary or at least a good overview of the transaction
2. Client Information Sheet
3. Any appraisals or Safe Keeping Receipt (SKR)
4. Any additional supporting documentation
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