MULTIPLES LOAN PROGRAM
Offered to select clients and industries since 2005, FundingNet’s “Multiples Lending Program” is based on lending multiples of the amount already raised for the project by the borrower. As the project owner, you are required to bring a minimum amount of funds to the project, and they can lend you multiples of that initial amount to fulfill the budget. Depending on the project and their assessment of the risk of the project, the multiple offered could be anywhere from 1X of that initial amount, to 4X (3X is the most frequently offered).
“Multiples” Loan Programs:
The minimum amount of Cash that must be brought by the Borrower in order to participate in the “Multiples Loan Program” is $10M USD. In the event that a Borrower only has $3M – $9M USD, loans are still possible; please see the “Small Cap Loan Program” page.
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