Collateral Necessary To Close
I am basically looking for an investor or partner to secure a loan with their collateral, based on my ownership of a buyout agreement to repay the debt and interest on January 2, 2009. There are no exceptions or stipulations to the buyout agreement. I am looking for approximately $3.0 worth collateral assets. I will not be fully leveraging the collateral either, i.e. $3.0 million worth of collateral will only be leveraged until January for $2.0 million. My transaction is able to close the first part, within a matter of 48 hours from the time collateral is acquired. 1st position lien will be required. This is a business buyout agreement, and does not involve residential real estate. I have documents prepared for your attorneys to review.
I am the principal in this transaction
I apologize for my previous post to the moderators.
This deal has to do with a unique opportunity to a savy investor. I am the principal involved and I can explain it more clearly. I am looking for $3 million in collateral, so that a lender can loan $2.0 Million as a third party pledge to close my consulting transaction. The transaction is based on the fact I have been 100% approved for a Grant to start a Environmental project in the 1st part of January. I will use a portion of this grant to pay off both the cash lender, and the collateral fee from the collateral lender. This buyout will allow the cash investor a guaranteed pack back from my Grant. I need a financial break right now, and that is why I am asking for assistance.